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Malaysian state fund 1MDB is suing JP Morgan, Deutsche Bank, others for fraud

Malaysian state fund 1MDB is suing JP Morgan, Deutsche Bank, others for fraud

FILE PHOTO: Men walk past a 1 Malaysia Development Berhad (1MDB) billboard at the fund's flagship Tun Razak Exchange development in Kuala Lumpur March 1, 2015. REUTERS/Olivia Harris

10 May, 2021

Malaysia’s now-defunct 1MDB state fund is suing units of Deutsche Bank, J.P. Morgan and Coutts & Co to recover billions in alleged losses from a corruption scandal at the fund, court documents seen by Reuters showed.

Printed by Unregistered user on Wed, 27 Sep 2023 11:51:44 GMT

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