Chee's offer of $30k to settle case accepted by former leaders
Published on Sep 11, 2012 6:41 PM
Singapore Democratic Party (SDP) chief Chee Soon Juan said on Tuesday that former Prime Ministers Lee Kuan Yew and Mr Goh Chok Tong has accepted his offer of $30,000 to annul his bankruptcy.
Dr Chee made the offer to settle his case on July 27. The Official Assignee replied to him on Tuesday, saying that his creditors have accepted the offer.
If he is able to raise the stated $30,000, the long-running case, which first started in 2001, will finally be closed.
Dr Chee, the party's secretary-general, was declared a bankrupt in 2006 for failing to pay $500,000 in damages to then-Senior Minister Goh and then-Minister Mentor Lee for defaming them during the 2001 General Election campaign.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here