TOKYO – A court in Singapore has found a former private banker guilty of trying to obstruct investigations linked to the indebted Malaysian State Fund 1MDB.
The State Court on Wednesday found Yeo Jiawei, a former wealth planner at Swiss private bank BSI, guilty of four charges relating to obstructing, preventing or perverting the course of justice.
Yeo denied involvement in the case.
Singapore ordered BSI to stop operating in the city in May due to violations of anti-money laundering requirements, among other problems.
Investigators in Singapore, Switzerland, Hong Kong and the U.S. have been probing allegations that people close to Malaysian Prime Minister Najib Razak stole over $1 billion from 1MDB, or 1Malaysia Development Bhd.
In February, Singapore authorities said they had seized a large number of bank accounts in probe.
Antisemitism Exposed
Fox News' Antisemitism Exposed" newsletter brings you stories on the rising anti-Jewish prejudice across the U.S. and the world."
By entering your email and clicking the Subscribe button, you agree to the Fox News Privacy Policy and Terms of Use, and agree to receive content and promotional communications from Fox News. You understand that you can opt-out at any time.