SINGAPORE (Jan 5): Jens Fred Sturzenegger, who was the Singapore branch manager of Falcon Private Bank, was charged in court on Thursday morning.

He is the fifth person to be charged in relation to the 1MDB affair that has already seen the conviction of three former bankers.

(See also: Ex-BSI banker Yvonne Seah jailed, fined after pleading guilty to three charges)

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