Car rental firm RentLah sues former director, dealer Skyway over alleged 95-vehicle fraud
It has brought claims of conspiracy, breach of duties and fraudulent misrepresentation, among others
[SINGAPORE] Car leasing group RentLah claims that its former director Jackie Ong colluded with dealer Skyway and its director Kheh Thiam Hoo to inflate the prices of cars in a “fraudulent arrangement”.
Earlier in August, it brought claims of conspiracy, breach of duties and fraudulent misrepresentation, among others, for an unspecified amount of damages.
Skyway denied wrongdoing and said there was no such arrangement. It also posted counterclaims of S$11.4 million, saying that RentLah had committed a breach of contract by failing to pay hire-purchase instalments on cars it had bought.
TRENDING NOW
DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks
Deal between tycoon friends sparks scrutiny of Philippine power sector