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Singapore's DBS sued for US$1bil in 1MDB-linked claim

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.

Singapore's DBS sued for US$1bil in 1MDB-linked claim

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