SINGAPORE: A Singaporean ex-BSI private banker has been charged with receiving benefits from criminal conduct, the Attorney-General’s Chambers (AGC) said on Friday.
Yeo Jiawei, 33, a former wealth planner with the Singapore unit of Swiss private bank BSI, was charged with an offence under the the Corruption, Drug Trafficking and other Serious Crimes (Confiscation of Benefits) Act.
“As investigations are on-going, no further details are available at this time,” said a statement released by the AGC in response to press queries on Friday.
According to the charge sheet obtained by The Straits Times, Yeo was charged on April 16 for receiving S$200,000 in his Bank of China account on or around Jan 30, 2013.
This amount of money represented his benefits from cheating, said the charge sheet.
If found guilty, Mr Yeo could be jailed up to 10 years or fined as much as S$500,000, or both.
Yak was one of several senior employees who have left, or are said to be leaving the BSI Singapore in recent months. — The Straits Times / Asia News Network
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