A man walks past a 1MDB billboard at the funds flagship Tun Razak Exchange development in Kuala Lumpur, last year. Photo: ReutersA man walks past a 1MDB billboard at the funds flagship Tun Razak Exchange development in Kuala Lumpur, last year. Photo: Reuters
A man walks past a 1MDB billboard at the funds flagship Tun Razak Exchange development in Kuala Lumpur, last year. Photo: Reuters

Singapore financial institutions were used for dubious 1MDB deals, monetary authority says, citing ‘serious lapses’

DBS Bank, Standard Chartered and UBS AG were among conduits for 1MDB transactions, say Singapore authorities

Topic |   Malaysia 1MDB scandal
A man walks past a 1MDB billboard at the funds flagship Tun Razak Exchange development in Kuala Lumpur, last year. Photo: ReutersA man walks past a 1MDB billboard at the funds flagship Tun Razak Exchange development in Kuala Lumpur, last year. Photo: Reuters
A man walks past a 1MDB billboard at the funds flagship Tun Razak Exchange development in Kuala Lumpur, last year. Photo: Reuters
READ FULL ARTICLE
Close
We need your support

Advertising helps us continue to provide quality content. Help support us by disabling your adblocker on our site.

How to whitelist us:
  1. 1
    Click on the AdBlock icon at the top right corner of your browser.
    For iOS, go to Settings/Safari/Content Blockers and turn it off.

    For Android, go to your Ad blocker app/Settings and turn it off.
  2. 2
    Click Enabled on this site until the text reads Disabled on this site.
  3. 2
    Click the cross icon on the top right corner to close this window and refresh the page.
  4. 3
    Click the cross icon on the top right corner to close this window and refresh the page.