Deutsche Bank cleared of conspiracy charges

Both sides claim victory in the lawsuit alleging conspiracy to sell shares in Indonesian coal mine Adaro.

The Singapore High CourtÆs decision on Friday to dismiss a conspiracy claim against Deutsche Bank over the disputed sale of stakes in IndonesiaÆs second largest coal miner, ends one of the most colourful and watched dogfights that erupted during the Asian financial crisis.

But in keeping with the twists and turns of this plot, and the powerful public relations machines churning in the background on behalf of all the parties involved û it seems everyone is claiming victory.

First, the...

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  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...