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BB Energy Asia successfully closes inaugural USD210mn secured digital borrowing base facility

BB Energy Asia successfully closes inaugural USD210mn secured digital borrowing base facility

BB Energy Asia successfully closes inaugural USD210mn secured digital borrowing base facility

BB Energy Asia successfully closes inaugural USD210mn secured digital borrowing base facility
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Singapore takes action against former BSI Bank deputy CEO for failing to act in 1MDB-related transactions

SINGAPORE (Oct 10): Singapore authorities have taken action against BSI Bank Ltd Singapore branch's (BSIS) former deputy chief executive officer for his contribution to the bank's failure to file suspicious transaction reports (STRs) regarding 1Malaysia Development Bhd (1MDB)-related transactions. Raj Sriram, who is also the former head of private banking of BSIS, has been issued a 24-month conditional warning from the Singapore Police Force's Commercial Affairs Department (CAD) and a 10-year prohibition order (PO) by the Monetary Authority of Singapore (MAS).

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