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1MDB-linked S'pore banker drops bid to unfreeze accounts
Published:  Feb 5, 2016 12:19 PM
Updated: 8:41 AM

A private banker who is a subject of Singapore’s investigation into the scandal-ridden 1Malaysia Development Bhd (1MDB) has withdrawn his motion to the High Court in the island republic for the release of several of his bank accounts.

The authorities had frozen the accounts of Yak Yew Chee, worth S$9.7 million, while investigating alleged financial misdealings surrounding the controversial Malaysian state investment fund...

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