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Standard Chartered Slapped with $2.7 Billion Lawsuit Amidst Lingering 1MDB Fallout

Standard Chartered Slapped with $2.7 Billion Lawsuit Amidst Lingering 1MDB Fallout

Standard Chartered Slapped with $2.7 Billion Lawsuit Amidst Lingering 1MDB Fallout Standard Chartered Bank is reportedly facing a substantial new legal challenge, with a $2.7 billion lawsuit filed against it in connection with the sprawling 1MDB financial scandal. This development marks a significant escalation in the ongoing efforts to recover funds and hold financial institutions accountable for their alleged roles in the Malaysian state fund’s misappropriation of billions. While details of the new filing are emerging, the lawsuit underscores the…

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