Standard Chartered has been hit with a $2.7bn lawsuit over its alleged role in one of the world’s largest financial fraud cases, known as the 1MBD scandal. The London-headquartered lender is being accused of helping move and hide billions of dollars that were stolen from Malaysia’s 1MDB fund, by not sufficiently checking to see where [...]
Full ArticleStandard Chartered slapped with $2.7bn lawsuit over fraud scandal
City A.M.
0 shares
1 views