SINGAPORE – A bitter legal battle between an Indonesian developer and United Overseas Bank (UOB) over claims that a conspiracy was hatched among buyers of units on Sentosa to inflate about $182 million of home loans is nearing its final act.
The suit filed by UOB against Lippo Marina Collection (LMC) and the two agents wrapped up last month after a 10-day trial with the High Court set to deliver its verdict this month.
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