Financial Crime Financial Crime

Coutts, JPMorgan to be served writ of summons in 1MDB suit

By Jet Damazo-Santos
  • 15 Oct 2021 04:25
  • 15 Oct 2021 04:29
Coutts and JPMorgan (Switzerland) will be served writ of summons in connection with a suit filed by Malaysian sovereign wealth fund 1MDB for the misappropriation of its funds, Malaysian state media Bernama reported. 

The High Court today allowed 1MDB’s application for leave to serve the writ out of jurisdiction against the two banks,

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