Ex-banker admits to money laundering in Malaysia fund probe
Yeo Jiawei, a former banker has admitted to money laundering in Singapore's probe linked to Malaysia's 1MDB wealth fund. Yeo, who also pleaded guilty to cheating his former employer has agreed to help with Singapore's money-laundering investigation, which prosecutors described as the largest in the country's history. He was earlier handed a 30-month jail term on witness tampering charges.