singapore kicks out swiss bank linked to malaysias 1mdb
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Singapore kicks out Swiss bank linked to Malaysia's 1MDB

Arab Today, arab today

Arab Today, arab today Singapore kicks out Swiss bank linked to Malaysia's 1MDB

Singapore
Singapore - Arab Today

Singapore's central bank on Tuesday said it has ordered the closure of the local branch of Swiss bank BSI, which has been linked to a scandal at Malaysia's troubled state fund 1MDB.

"The Monetary Authority of Singapore (MAS) announced today that it has served BSI Bank Limited (BSI Bank) notice of intention to withdraw its status as a merchant bank in Singapore for serious breaches of anti-money laundering requirements, poor management oversight of the bank’s operations, and gross misconduct by some of the bank’s staff," the regulator said in a statement.

"In addition, MAS has referred to the public prosecutor the names of six members of BSI Bank’s senior management and staff to evaluate whether they have committed criminal offences."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

singapore kicks out swiss bank linked to malaysias 1mdb singapore kicks out swiss bank linked to malaysias 1mdb

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

singapore kicks out swiss bank linked to malaysias 1mdb singapore kicks out swiss bank linked to malaysias 1mdb

 



GMT 06:53 2017 Saturday ,28 October

Italian handed 24 years jail for infecting

GMT 15:14 2016 Tuesday ,04 October

US Stocks Close Lower after US Economic Data

GMT 06:56 2017 Friday ,04 August

July24th-August23rd

GMT 08:41 2017 Wednesday ,22 March

33 dead in US-led raid on north Syria school

GMT 02:21 2017 Thursday ,11 May

Second Thai Exhibition in Oman opens

GMT 05:17 2017 Saturday ,28 October

'Many inconsistencies' in UN report

GMT 23:19 2017 Friday ,24 November

Languages reflect culture, civilizatioon
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday