HALISTER1: Singapore Convicts Ex-Falcon Bank Exec in 1MDB-Linked Case

Singapore Convicts Ex-Falcon Bank Exec in 1MDB-Linked Case

(Bloomberg) -- Former Falcon Private Bank branch manager Jens Sturzenegger pleads guilty in court to six charges in case related to Singapore probe into suspicious fund flows linked to a Malaysian state investment fund.
  • Remaining 10 charges taken into consideration for sentencing
  • Prosecutors seeking jail term of up to 32 weeks
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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