Singapore authorities filed charges against two former BSISingapore bankers in relation to ongoing money-laundering into the scandal-hit1Malaysia Development Bhd., or 1MDB.

Yak Yew Chee and Yvonne Seah Yew Foong were each with seven offences offorgery and failure to disclose information on suspicious transactions toauthorities. Yak, a former senior vice president at the unit, the company in March after beinglinked to money laundering allegations.

According to a press release from the attorney-general'schambers, most of the offences filed against the bankers are related to LowTaek Jho's accounts with BSI Singapore. Low is said to havediverted funds from1MDB into the accounts of Malaysian Prime Minister Najib Razak.

The Swiss private bank is cooperating with authorities in the investigation.