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Singapore court clears way for US$2.7 billion suit against Stanchart in 1MDB scandal-linked claim
[ad_1] Claims involve alleged US$150 million deposit to Najib Razak and US$77 million for his wife Rosmah’s bags and jewellery[SINGAPORE] The Singapore High Court has dismissed an application by Standard...
Stellantis expects US$2.7 billion first half loss as restructuring costs, US tariffs hit
[ad_1] [MILAN] Stellantis said on Monday (Jul 21) it expected the hit from restructuring costs and the initial impact of US tariffs to have pushed the carmaker to a 2.3...
Standard Chartered Bank faces US$2.7 billion lawsuit over alleged role in 1MDB fraud
[ad_1] The move is the latest in a wide-ranging effort to recover money belonging to 1Malaysia Development BerhadPublished Tue, Jul 1, 2025 · 01:49 PM — Updated Tue, Jul 1,...
Standard Chartered faces US$2.7 billion lawsuit over alleged role in 1MDB fraud; bank ‘emphatically rejects’ claims
[ad_1] [SINGAPORE] Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1Malaysia Development Berhad (1MDB) have initiated legal proceedings against Standard Chartered Bank in the High Court of...