<ul data-eligibleForWebStory="true"><li>Standard Chartered is facing a lawsuit in Singapore by liquidators attempting to recover funds from Malaysia's 1MDB scandal.</li><li>The lawsuit alleges that Standard Chartered enabled fraud against 1MDB over 10 years ago.</li><li>Kroll is seeking to recover $4.5 billion stolen from 1MDB, claiming Standard Chartered facilitated intrabank transfers to conceal the money movement.</li><li>The financial scandal, involving major money laundering and misappropriation of funds, has resulted in legal actions by authorities and led to the downfall of high-profile individuals.</li></ul>

Standard Chartered Faces Lawsuit Related to Decade-Old 1MDB Scandal

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