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DBS ‘categorically rejects’ S$1.3 billion claim by 1MDB-linked entities under liquidation

[SINGAPORE] DBS “categorically rejects” a S$1.298 billion claim for damages in a lawsuit filed by several entities linked to the 1Malaysia Development Berhad (1MDB) scandal. In a Wednesday (Sep 9) bourse filing, DBS said that a lawsuit has been filed against the bank by four entities under liquidation and the companies’ liquidators, Jason Aleksander Kardachi…

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