Embattled bike-sharing firm told to refund customer deposits

Bicycles owned by bike-sharing company oBike are seen park on a roadside in Singapore on July 13, 2018. Embattled bike-sharing firm oBike must refund customers' 4.6 million US dollars deposits, authorities have warned, after the company quit operating in Singapore last month leaving some 14,000 bicycles strewn across the city. / AFP PHOTO / ROSLAN RAHMAN

SINGAPORE: Embattled bike-sharing firm oBike must refund customers’ US$4.6mil (RM18.60mil) deposits, authorities have warned, after the company quit operating in Singapore last month leaving some 14,000 bicycles strewn across the city. 

In the latest clash between Singapore authorities and oBike, an official this week said it was “possible” the government may take legal action against the firm if it does not refund money owed to some one million users.