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DBS Group sued for S$1.298 billion in alleged 1MDB-linked claim

DBS Group said DBS Bank is being sued for estimated S$1.298 billion ($1.03 billion) in damages tied to the 1MDB scandal. Claimants include liquidators of four companies.

D05

03 billion) in damages tied to the 1MDB scandal, DBS Group SGX:D05 said on Wednesday. The claimants include the liquidators of four companies: BlackRock Commodities (Global), Platinum Gl…