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Bail for ex-BSI wealth manager denied by S'pore High Court

Judge tells prosecution and defence to expedite Yeo's trial

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Published Fri, May 27, 2016 · 09:50 PM

    Singapore

    A FORMER wealth manager of troubled Swiss private bank BSI was denied bail by the Singapore High Court on Friday. He will await his trial in prison for two of the nine charges that are part of the city-state's investigations into money laundering.

    The case is related to illicit money transfers linked to 1Malaysia Development Berhad (1MDB), which is being investigated by at least six jurisdictions.

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