A Swiss banker was jailed for seven months in Singapore on Wednesday for money laundering and other offences related to a corruption scandal involving neighbouring Malaysia's state fund 1MDB.
Jens Fred Sturzenegger, 42, who headed the Singapore branch of Swiss lender Falcon Private Bank, was also fined $128,000 after he pleaded guilty at a district court.
Allegations that huge sums were misappropriated from 1MDB have triggered a scandal which has embroiled Malaysian Prime Minister Najib Razak, though the leader has denied any wrongdoing.
Singapore, a regional financial hub known for its transparency and tough stance on corruption, last year kicked out Falcon Bank and another Swiss Bank BSI for what regulators called massive lapses in financial controls.
Swiss banks were allegedly used to transfer illicit funds.