KUALA LUMPUR — The Singapore High Court has granted winding up applications filed for three entities incorporated in the British Virgin Islands and linked to the multibillion-dollar scandal at Malaysian state fund 1Malaysia Development Berhad (1MDB), liquidators recovering assets for 1MDB said on Friday (May 15).The court decision will enable the liquidators to bring further statutory claims, to be filed soon, against Standard Chartered Bank and BSI Bank in Singapore over their roles in allegedly facilitating the 1MDB fraud, they said in a statement.The claims would be pursued in addition to other ongoing legal actions brought against the banks, including those related to allegations of «dishonest assistance, breach of the banks' duties of reasonable skill and care, and/or breach of their banking mandate», the liquidators said.The liquidators have said they were exploring workarounds after Singapore's appeals court in March dismissed their bid to sue the banks for alleged fraud, upholding a lower court ruling. Read more