Accused Kelvin Ang in 1MDB case released on bail

Singapore

KELVIN Ang Wee Keng, who was charged on April 20 with corrupt transactions following an ongoing probe into 1Malaysia Development Berhad (1MDB), was released from remand on Monday with bail set at S$100,000.

At a mention in Singapore's state court on Monday, prosecutors said that investigators have assessed that Ang's further remand was no longer necessary although his assistance was still required as investigations were not complete.