In SRC US$1.18b civil suit against Najib, ex-banker says BSI Bank ‘seduced’ by fees, failed to disclose sham transactions to Singapore
KUALA LUMPUR, March 5 — A former Singapore-based banker said today the now-shuttered BSI Bank Singapore had failed to comply with their legal obligations to disclose sham transactions from SRC International (Malaysia) Limited to Singaporean authorities, attributing their oversight to being “seduced” by the fees it was earning. Kevin Swampillai was testifying as the first … Read more
