SINGAPORE: The High Court has ruled that a retiree made bankrupt in Malaysia can also be made bankrupt in Singapore for the same debts owed there.
In a test case, the High Court overruled a lower court decision and declared Malaysian Ling Lee Soon, 71, bankrupt for owing RM58mil to the Lembaga Tabung Angakatan Tentera (Malaysia) or Armed Forces Fund Board of Malaysia.
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