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Companies & Markets

Ex-BSI banker trial: Yeo Jiawei amassed S$23.9m in just 15 months after leaving BSI

Published Tue, Nov 22, 2016 · 06:31 AM
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[SINGAPORE] Former BSI banker Yeo Jiawei's net worth escalated from S$2 million to nearly S$26 million in just 15 months after he left the Swiss private bank in Singapore, the court heard on Tuesday.

This wealth includes funds earned through "illicit means" and the "taking of secret profits" in transactions linked to Malaysian state fund 1Malaysia Development Berhad (1MDB), said prosecutors.

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