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Money laundering A Crime that pays in Singapore?

I wonder what the final punishment will be?

The previous sentence for the previous banker, Mr Yak was 18 month in jail and $24k fine which makes one wonder does crime really not pay considering they pocketed near to $24 million Singapore Dollers.

The profit vs the risk is really worth it i must say. Which is why i am really hoping that the punishment will be higher.

SINGAPORE (Reuters) – A Singapore court found a former wealth manager of Swiss bank BSI guilty of four charges on Wednesday in a case linked to a money-laundering investigation involving Malaysian fund 1MDB, the third BSI banker convicted in the city state this year.


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