The pressure on the former BSI Banker in Singapore is mounting with news that a seventh set of charges have been brought against him.
The banker, Yeo Jiawei, has become a key figure in the ongoing complex and multi-jurisdictional probe into the controversial wealth fund 1Malaysia Development Berhad (1MDB).
Singapore's Straits Times newspaper reports that a new charge of forgery has been brought against the ex BSI Singapore banker.
Concealed Transactions
Prosecutors allege that Yeo played a "central role" in the movement of large sums and concealing transactions, including facilitating a transfer of $11.9 million from SRC International (Malaysia), a former unit of 1MDB, to Affinity Equity International Partners, a company owned by Tan Kim Loong, a business associate of Penang-born tycoon Jho Low.
Forged Letter
Yeo was also accused of fraudulently signing a reference letter to the EMEA head of anti-money laundering and sanctions compliance of Citigroup to misguide them into thinking the letter was signed by the authority of BSI Bank.
Yeo has been remanded in custody for at least another two to three weeks court.
