Singapore’s DBS Faces $1 Billion Lawsuit in Alleged 1MDB-Linked Claim

DBS Bank is being sued for an estimated S$1.298 billion ($1.03 billion) in damages linked to the multibillion-dollar 1MDB scandal, Southeast Asia’s largest lender DBS Group said on Wednesday. The claimants include the liquidators of four companies: BlackRock Commodities (Global), …

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