Singapore's DBS Sued for US$1 Billion in Alleged 1MDB Linked Claim As fresh allegations of involvement in the massive 1MDB scandal surface, the question of accountability remains unanswered.
Despite DBS Bank's denials, the bank faces a $1 billion lawsuit linked to the multibillion dollar scandal.
The liquidators of four companies – BlackRock Commodities (Global), Platinum Global Luxury Services, Affinity Equity International Partners, and TKIL Global Investments – have brought forward their claims against DBS.