SDP's Chee Soon Juan raises $30k to settle suit
Opposition figure Chee Soon Juan has successfully raised the $30,000 he needs to annul his bankruptcy, according to the Singapore Democratic Party (SDP).
The annulment will allow the SDP secretary-general to contest the next general election.
Dr Chee was sued by former prime minister Lee Kuan Yew and Emeritus Senior Minister Goh Chok Tong for defaming them during the 2001 General Election and was declared a bankrupt in 2006 after he failed to pay $500,000 in damages. Earlier this month, the two men confirmed that they had accepted his settlement offer of $30,000.
On Monday, the SDP said on its website that Dr Chee had raised $30,000 within 10 days. It said the feat was a signal of "the intense desire of Singaporeans wanting to see the democratic movement in Singapore accelerate".