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MAS issues more 1MDB-related prohibition orders

The Monetary Authority of Singapore has issued prohibition orders (PO) to two representatives of financial institutions due to 1MDB related breaches, the regulator has announced. Ang Wee Keng Kelvin, a former representative of Maybank Kim Eng Securities Pte Ltd and Lee Chee Waiy, former NRA Capital research head, each received 6-year prohibition orders from the watchdog, with effect from 30…

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