Singapore businessman Sukamto Sia to pay S$132 million in damages to Indonesian billionaire

Published Wed, Apr 1, 2015 · 07:21 AM

THE High Court has awarded more than S$132 million in damages to Indonesian billionaire Low Tuck Kwong for a defamation case he brought against Singapore businessman Sukamto Sia.

High Court Justice Belinda Ang, at a hearing on Tuesday to assess damages, also awarded $280,000 to Mr Low for injury to his reputation after Mr Sia sent letters to the Jakarta stock exchange, among others, containing false claims.

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