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Deutsche Bank Executive's 1MDB Role in Investigators' Focus

Andrea Tan, Elffie Chew, Joyce Koh
Deutsche Bank Executive's 1MDB Role in Investigators' Focus

Singapore authorities probing the multi-billion dollar 1MDB scandal are looking at the role of an outgoing senior Deutsche Bank AG executive as part of their investigations, according to people with knowledge of the matter. Tan Boon-Kee, who was Asia Pacific head of the German bank’s financial institutions group, has been interviewed by the city’s Commercial Affairs Department as recently as late August, said one of the people, who asked not to be named because the queries are confidential. The Monetary Authority of Singapore has also quizzed Deutsche Bank about the extent of Tan’s involvement with the 1Malaysia Development Bhd. account, the people said.