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1MDB transactions: BSI Bank failed in its duty, says witness

(Bernama) - Former Singaporean banker told the High Court here today that there were obvious red flags in relation to 1Malaysia Development Berhad (1MDB) transactions in BSI Bank, but the bank has never filed any suspicious transactions report (STR) to the Monetary Authority of Singapore (MAS). K

1MDB trial: BSI Bank never lodged suspicious report despite obvious red flags, says witness

KUALA LUMPUR: A former Singaporean banker told the High Court here that there were obvious red flags in relation to 1Malaysia Development Berhad (1MDB) transactions in BSI Bank, but the bank has never filed any suspicious transaction report (STR) to the Monetary Authority of Singapore (MAS).

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