DBS ‘categorically rejects’ S$1.3 billion claim by 1MDB-linked entities under liquidation
After publishing: 1 description edited1 change
- South China Morning Postseen 12 Sept, 04:52description edited
what the description said, before and after
Singapore’s DBS Bank is being sued for an estimated S$1.298 billion (US$1.03 billion) in damages linked to the multibillion-dollar 1MDB scandal, Southeast Asia’s largest lender DBS Group has said. The claimants include the liquidators of four companies: BlackRock Commodities (Global), Platinum Global Luxury Services, Affinity Equity International Partners and TKIL Global Investments. The liquidators did not immediately respond to Reuters requests for comment. DBS on Wednesday rejected the...Singapore’s DBS Bank is being sued for an estimated S$1.298 billion (US$1.03 billion) in damages linked to the multibillion-dollar 1MDB scandal, Southeast Asia’s largest lender DBS Group has said. The claimants include the liquidators of four companies: BlackRock Commodities (Global), Platinum Global Luxury Services, Affinity Equity International Partners and TKIL Global Investments. The liquidators confirmed in an emailed statement that they had filed and served a damages claim of more...
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2 reports left out of the cascade - too little in common with the story to place
How it spread - 4 original reports, 1 reprint
Wed, 9 September 2026
3 reports- businesstimes.com.sg12:54first to report
The bank has assessed that no provisions are required at this stage Read more at The Business Times.
- Channel News Asia13:25
DBS rejected the claim and said it would fight it vigorously, adding that the company has made no provision for the lawsuit.
- South China Morning Post14:12edited after publishing
Singapore’s DBS Bank is being sued for an estimated S$1.298 billion (US$1.03 billion) in damages linked to the multibillion-dollar 1MDB scandal, Southeast Asia’s largest lender DBS Group has said. The claimants include the liquidators of four companies: BlackRock Commodities (Global), Platinum Global Luxury Services, Affinity Equity International Partners and TKIL Global Investments. The liquidators confirmed in an emailed statement that they had filed and served a damages claim of more...
1 reprint
- claimsjournal.com9 Sept, 14:49their copy
Sun, 13 September 2026
1 report- Bloomberg Politics08:03
Malaysia’s prime minister said a Singapore lawsuit involving DBS Group Holdings Ltd. filed by liquidators of four 1Malaysia Development Bhd.-linked firms is also about reclaiming the country’s credibility.