Latest Breaking News On - சவுதி லிமிடெட் - Page 1 : comparemela.com

KUALA LUMPUR (May 10): 1Malaysia Development Bhd (1MDB) has filed a total of six separate suits, including against foreign banks Deutsche Bank, JP Morgan and Coutts & Co. Also sued are individuals including former prime minister Datuk Seri Najib Razak, former Treasury secretary-general Tan Sri Mohd Irwan Serigar, as well as former 1MDB chief executive officers (CEOs) Datuk Shahrol Ibrahim Halmi and Arul Kanda Kandasamy, among others. One of the six suits filed is against Deutsche Bank (Malaysia) Ltd, Coutts & Co Ltd, JP Morgan (Switzerland) Ltd and two PetroSaudi companies for alleged negligence, breach of contract, conspiracy to defraud the company and dishonest assistance to defraud to the total amount of US$4.923 billion (about RM20.22 billion).

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