SINGAPORE (Nov 11): Ex-BSI banker Yeo Jiawei on Friday refuted claims that he worked for 1MDB mastermind Low Taek Jho, calling it a “misunderstanding” and “assumption” on the part of Kevin Swampillai, his former boss at BSI.

Taking the stand for the second time in his witness-tampering trial, Yeo said he was actually in negotiations to join rival bank UBS as a relationship manager.

"If I am joining Jho Low, who is a billionaire, will I just ask for $50,000 more? I can’t tell him (Swampillai) because I was going to join a rival bank. It was a misunderstanding,” Yeo said. 

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