You are here

Daim's son sued over debt to buy LionGold shares

Maybank Kim Eng files S$2.6m suit in Singapore against LionGold deputy chairman Wira Dani

moz050615e.jpg
Maybank Kim Eng Securities filed a lawsuit in April in Singapore's high court to recover some S$2.6 million from Md Wira Dani Abdul Daim owed to the broking firm for LionGold shares bought in a leveraged account, according to Bloomberg.

Singapore

THE litigation net involving October 2013's devastating penny stock saga on the Singapore Exchange has widened, this time involving the 37-year old son of Malaysia's former finance minister Daim Zainuddin.

Maybank Kim Eng Securities filed a lawsuit in April in Singapore's