Singapore’s central bank on Tuesday said it had permanently barred Yeo Jiawei, a former wealth manager of Swiss bank BSI involved in breaches related to Malaysia’s 1MDB fund, from managing financial services firms and advisory activities. The monetary authority also issued a three-year ban for former chief executive of financial advisory firm NRA Capital, Kevin Scully. Previously, the US government said it was moving to seize more than $1bn (£761m) in assets, ranging from plush properties to a private jet, from people connected to the country’s Prime Minister Najib Razak. Despite the growing international spill over from the 1MDB scandal, Najib’s political career seems secure for now, writes Yang Razali Kasim for East Asia Forum.