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Singapore banker admits to money laundering in 1MDB-linked case

Singapore banker admits to money laundering in 1MDB-linked case

(June 12): Yeo Jiawei, a former banker serving the longest jail term in Singapore’s probes linked to 1Malaysia Development Bhd, admitted to money laundering.

Yeo, who also pleaded guilty Wednesday to cheating his former employer, was handed a 30-month term in December on charges of trying to tamper with witnesses in the probe.

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