SUBSCRIBERS

Ex-BSI banker slapped with 30-month jail term

Sentence for obstruction of justice was less than prosecution's push for 3-year 'deterrent' term

Published Thu, Dec 22, 2016 · 09:50 PM

Singapore

FORMER BSI banker Yeo Jiawei has been sentenced to a jail term of 30 months - the heaviest sentence so far for attempting to pervert the course of justice - in connection with Singapore's largest money-laundering probe linked to the massive 1Malaysia Development Bhd (1MDB) scandal.

The sentence meted out on Thursday was significantly more than the four months' jail sought by the defence and slightly under the prosecution's call for a deterrent penalty of three years.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here