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Falcon Bank's ex-branch manager jailed 28 weeks, fined S$128,000

Supporting documents for 1MDB funds flow into Falcon accounts described as "a joke" and "cut-and-paste" job

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Published Wed, Jan 11, 2017 · 09:50 PM

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    Singapore

    SWISS national Jens Sturzenegger, the former Singapore branch manager of Falcon Bank, was on Wednesday sentenced to 28 weeks' jail and fined S$128,000 after pleading guilty to six charges linked to the movement of funds from scandal-riddled 1Malaysia Development Berhad (1MDB).

    Another 10 charges were taken into consideration for sentencing purposes on Wednesday.

    Jho Low

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