3 big reasons to stay tuned to The Edge next year

SINGAPORE (Dec 23): Singapore has shown considerable success in turning itself into a wealth management hub ever since it set out to do so in the early 2000s. Paradoxically, it is the city state’s reputation for having a clean and well-regulated financial system that often draws illicit funds.

In the months ahead, three issues followed closely by The Edge Singapore in recent years look set to keep the market enthralled.  

The 1MDB scandal
After a high-profile trial that lasted 12 days, former BSI wealth planner Yeo Jiawei was on Dec 22 sentenced to 2½ years in jail for obstructing the course of justice. The 34-year-old, described as a key figure behind a complex web of cross-border financial transactions, is the third person to be convicted for his role in the 1Malaysia Development Bhd (1MDB) affair.

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Related Stories

• Najib offers unreserved apology, regrets that 1MDB scandal happened under his watch
• A rebuttal to Leslie Lopez’s allegation of a political conspiracy and his claim about being the first to expose 1MDB
• 1MDB fugitive Jho Low must forfeit mum’s trio of ‘flawless’ diamonds

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