Standard Chartered Bank faces US$2.7bil lawsuit over alleged role in 1MDB fraud

Share this page

KUALA LUMPUR: Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1MDB have filed legal proceedings against Standard Chartered Bank in Singapore over the bank’s alleged role in enabling fraud that led to over $2.7 billion in financial losses. Read full story

Date: 1 July, 2025 3:02 pm
Source: thestar.com.my

💬 Join the Conversation! 💬

We’ve disabled comments on our posts and pages to keep the discussions organized and lively! But don’t worry – the conversation isn’t over. Head over to our forum and share your thoughts, ideas, and feedback with the community! It’s the perfect place to connect, learn, and engage with others who care about the same things. We can’t wait to hear from you!

Click here to join the discussion now! 🚀

💡 Want your business featured here?
Click here to advertise with us →
Scroll to Top