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News

1MDB, Standard Chartered

Reuters on MSN · 6h
Standard Chartered Bank faces $2.7 billion lawsuit over alleged role in 1MDB fraud
Liquidators trying to recover money from Malaysia's sovereign wealth fund 1MDB have sued Standard Chartered Bank in Singapore, alleging it enabled fraud that led to more than $2.7 billion in financial losses more than 10 years ago.
The Wall Street Journal on MSN · 5h
Liquidators File $2.7 Billion Lawsuit Against Standard Chartered Bank Over 1MDB Role
MDB said the lawsuit seeks to hold the U.K. bank accountable for its alleged role in the ‘systematic theft of funds which ultimately belonged to ordinary Malaysians.’
Financial Times · 14h
Standard Chartered hit with $2.7bn lawsuit over 1MDB scandal
Liquidators still trying to recoup billions of dollars siphoned from Malaysia’s sovereign wealth fund and then laundered
5h
StanChart hit with $2.7B lawsuit tied to 1MDB scandal
Liquidators of three 1MDB-related companies claim that Standard Chartered permitted more than 100 intrabank transfers that ...
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12h
FTSE 100 Live: Pound Extends Rally, Bond Yields Drop Ahead of Welfare Vote
Standard Chartered is also one of the FTSE 100’s worst performers today, dropping as much as 1.7% after liquidators launched ...

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Related topics

Standard Chartered
1Malaysia Development Berhad
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