Standard Chartered faces US$2.7 billion 1MDB suit in Singapore

November 24, 2025byIndiaTips

A Singapore court has cleared the way for a US$2.7 billion lawsuit against Standard Chartered Bank over its alleged role in 1MDB fraud, liquidators seeking to recover the funds said on Monday.
Singapore High Court dismissed an application by the bank to strike out a suit filed against it by liquidators, the liquidators said in a press release, calling it “a significant legal victory” allowing the case to continue.
Liquidators trying to recover money from Malaysia’s sovereign wealth fund 1MDB…

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