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Ex-Falcon, BSI bankers to be banned by MAS

Four Singapore-based individuals implicated in investigation into troubled Malaysia sovereign fund, 1MDB, have been handed prohibition orders by the Monetary Authority of Singapore, the watchdog announced today. Former Falcon Private Bank employee, Jens Fred Sturzenegger, and ex-BSI banker, Yak Yew Chee, are to be issued lifetime bans by MAS, while Yvonne Seah, also ex-BSI, will receive a 15-year prohibition order….

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