Singapore's DBS sued for US$1bil in 1MDB-linked claim
New Straits Times1 newsroom
Picture: New Straits Times
SINGAPORE: Liquidators of four companies linked to global 1Malaysia Development Berhad recovery efforts have sued DBS Bank, seeking an estimated S$1.298 billion (US$1.03 billion) in damages, Southeast Asia's largest lender DBS said on Wednesday.