Standard Chartered hit with $2.7bn lawsuit over 1MDB scandal
Reported by Owen Walker and Arjun Neil Alim (Excerpt show below. To read full report, go to: dc72d6163dcd) Liquidators who are trying to recoup billions of dollars siphoned initially from Malaysia’s sovereign wealth fund are seeking more than $2.7bn from Standard Chartered, in a lawsuit filed against the UK-headquartered bank over its alleged role in the scandal. […]