Singapore: Singapore names Jho Low as person of interest in trial of former BSI banker
Author(s): Siau Ming En | Date: November 11, 2016 | Language: English
Source: http://www.todayonline.com/ | URL: https://goo.gl/TTvg1e | Type: Text
Singapore authorities have, for the first time, named Malaysian tycoon Low Taek Jho as a “key person of interest” in their investigations into the most high-profile money-laundering case here.
The disclosure came from Commercial Affairs Department (CAD) investigation officer Oh Yong Yang, who was testifying on the eighth day of the trial of ex-BSI banker Yeo Jiawei.
Mr Oh told the court yesterday that Mr Low and his business associates Eric Tan Kim Loong and Mohamed Badawy Al Husseiny are persons of interest in their investigations into a money-laundering case involving billions of dollars in transactions.
Investigations on Mr Low, also known as Jho Low, began in 2015 and he is also a person of interest in related investigations in other jurisdictions, Mr Oh said.
This is a text block. Click the edit button to change this text..