Ex-BSI Deputy CEO not prosecuted by only given warning and prohibition order theonlinecitizen.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theonlinecitizen.com Daily Mail and Mail on Sunday newspapers.
An Indian-origin banker has been issued a 10-year prohibition order and a 24-month conditional warning for his failure to report a suspicious transaction involving the jailed Malaysian Prime Minister Najib Razak.
Malaysian Prime Minister Najib Razak, 69, is serving a 12-year jail sentence in Malaysia from August 2022 for infamous company 1 Malaysia Development Berhad (1MDB) case
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).
Singapore authorities have taken action against the former deputy Chief Executive Officer (CEO) of BSI Bank Ltd, Singapore Branch (BSIS) for his contribution to the bank’s failure to file suspicious transaction reports (STRs) regarding 1Malaysia Development Bhd (1MDB)-related transactions