Having settled its differences with Goldman Sachs, Malaysia has embarked upon a new round of litigation including suits against Deutsche Bank, JPMorgan and Coutts over failed state investment fund 1MDB.
A filing seen by Euromoney was light on detail – it says that the body of claims overall, including several against individuals, are based on “negligence, breach of contract, conspiracy to defraud/injure, and/or dishonest assistance” – but did show the amounts being claimed.
Malaysia wants $1.1 billion from Deutsche, $800 million from JPMorgan, and $1.03
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