Singapore court allows trustee to recoup S$1.18mil in income that was overpaid to trust beneficiaries

The trust was established by Yemen-born Shaik Sallim Talib, who died in 1937. - Photo: TBWA

SINGAPORE: For almost two decades, many descendants of a wealthy Arab trader who lived in Singapore in the early 1900s received more money than they should be getting from the family trust he set up.

Conversely, other beneficiaries received less than they should be getting.