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I can service my debt, tycoon says after being declared bankrupt

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Tycoon Lee Kim Yew has reiterated that he is not bankrupt and "far from being unable to service his debts".

At a press conference today, he said the bankruptcy declaration was the result of actions taken by a former employee against him.

Kim Yew said the former employee previously obtained a RM3 million judgment in the US, which he then sought to enforce in Malaysia to declare the Country Heights Holdings Bhd founder bankrupt.
Category
TV Saluran - TV Channel
Tags
kinitv, malaysia, politics
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