For subscribers
UOB v Lippo Marina Collection lawsuit: Nothing improper about giving furniture rebates, says defence
Sign up now: Get ST's newsletters delivered to your inbox
Facade of the Marina Collection condominium at Sentosa Cove on May 31, 2021.
ST PHOTO: CHONG JUN LIANG
Follow topic:
SINGAPORE - A bitter legal battle between an Indonesian developer and United Overseas Bank (UOB) over claims that a conspiracy was hatched among buyers of units on Sentosa to inflate about $182 million of home loans is nearing its final act.
The suit filed by UOB against Lippo Marina Collection (LMC) and the two agents wrapped up last month after a 10-day trial with the High Court set to deliver its verdict this month.
