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Why a business owner had to return $1.2m to his company to pay debt
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Singapore's highest court ordered a renovation firm owner to return over $1 million that he tried to keep away from a client who sued over shoddy work.
ST ILLUSTATION: CEL GULAPA
SINGAPORE - The trouble with debts is that you have to repay them at some point, no matter how tricky your footwork, as a business owner here discovered to his immense cost.
His game plan to dodge paying a substantial compensation after his construction firm botched a renovation job looked pretty clever on paper, but it could not withstand the blowtorch turned on it by Singapore’s highest court.
