Swiss banker jailed in Singapore over Malaysia’s 1MDB saga, AsiaOne Crime News

Falcon Private Bank’s former Singapore branch manager, Swiss national Jens Sturzenegger has been charged with 16 offences relating to Singapore’s probe into Malaysian state fund, 1Malaysia Development Bhd (1MDB).

SINGAPORE – A Swiss banker was jailed for seven months in Singapore on Wednesday for money laundering and other offences related to a corruption scandal involving neighbouring Malaysia’s state fund 1MDB.

Read more @ASEAN Business News…