![Second Singapore banker jailed in Malaysian 1MDB scandal](https://photo-cdn.urdupoint.com/media/2016/12/_2/740x404/pic_1481897775_1.jpg)
Second Singapore Banker Jailed In Malaysian 1MDB Scandal
Umer Jamshaid Published December 16, 2016 | 06:15 PM
![Second Singapore banker jailed in Malaysian 1MDB scandal](https://photo-cdn.urdupoint.com/media/2016/12/_2/740x404/pic_1481897775_1.jpg)
SINGAPORE, , (UrduPoint / Pakistan Point News - 16th Dec, 2016 ) - A Singaporean private banker was sentenced to two weeks jail on Friday for fraud relating to Malaysia's 1MDB financial scandal, becoming the second person convicted in the international multi-billion Dollar affair.
Allegations that huge sums were misappropriated from the Malaysian state fund through money laundering have triggered a massive corruption scandal. Prosecutors say Yvonne Seah, a former director at the Singapore branch of Swiss bank BSI, helped forge documents and failed to report suspicious money transfers from accounts allegedly linked to Malaysian financier Low Taek Jho, a close family friend of Najib.
Seah, 45, was sentenced to a fortnight in jail after pleading guilty to three charges of forgery and failure to report suspicious transactions related to the investment fund. She was also fined Sg$10,000 ($7,000) by a Singapore district court. Seah had faced a maximum penalty of four years jail and a Sg$20,000 fine.
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