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Loan or donation? Court orders temple to return $1 million to ex-chairman

SINGAPORE - A Taoist temple has been ordered to repay more than $1 million to its former chairman after the High Court rejected its argument that the money had been given to the temple as a donation. The former chairman, Mr Richard Lim Swee Joo, had sued the temple, Nan Bei Dou Mu Gong, to recover the money. He said...

Ang-mo-kio , Singapore-general- , Singapore , Jenson-lee , Justice-chan , Swee-joo , Eric-goh-joo-heng , High-court , Nan-bei-dou-mu-gong , Senior-judge-chan-seng-onn , Kew-ong-yah , Nine-emperor

Temple ordered to repay ex-chairman $1m

Singapore News - A Taoist temple has been ordered to repay more than $1 million to its former chairman after the High Court rejected its argument that the money had been given to the temple as a donation. The former chairman, Mr Richard Lim Swee Joo, had sued the temple, Nan Bei Dou Mu... Read more at www.tnp.sg

Ang-mo-kio , Singapore-general- , Singapore , Jenson-lee , Eric-goh-joo-heng , Justice-chan , Swee-joo , High-court , Nan-bei-dou-mu-gong , Senior-judge-chan-seng-onn , Kew-ong-yah , Nine-emperor

Temple ordered to repay ex-chairman $1m after court rules sum was loan, not donation

The judge rejected the claim that a loan acknowledgment was signed only to help Mr Lim placate his wife. Read more at straitstimes.com.

Ang-mo-kio , Singapore-general- , Singapore , Justice-chan , Swee-joo , Eric-goh-joo-heng , High-court , Nan-bei-dou-mu-gong , Senior-judge-chan-seng-onn , Kew-ong-yah , Nine-emperor ,