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Thread: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

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    Default Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    SINGAPORE - A businesswoman, who is being sued for $9.5 million by three businessman from China for alleged fraud, sold off a stake of her kindergarten business despite a court order to freeze her assets pending the outcome of the lawsuit.

    On Monday, Song Fanrong, 45, a naturalised Singapore citizen originally from China, was jailed for breaching the Mareva injunction, after the three plaintiffs brought contempt of court proceedings against her.

    Senior Judge Andrew Ang ordered Song to be committed to prison until further orders. He will review the case on Sept 27.


    Song ran eight kindergartens, including Buttercups branches at Pasir Panjang and Rochester Drive and Frobel preschools at Kallang and Woodlands.

    Her punishment for contempt is the latest development in a High Court suit for fraudulent misrepresentation, filed in March by Mr Wang Cheng, Mr Liu Guohui and Mr Chen Xiaopu. The three, who are friends, made their millions in real estate.

    They allege that Song misled them into believing that she could help them apply for Singapore permanent residency or citizenship through her "good connections".


    The three, represented by Mr Quek Mong Hua, said in their suit that she claimed to be well-connected. She told them she was the chairman of an association founded by Chinese revolutionary Sun Yat-sen and supported by the Government.

    She also claimed that her Singaporean husband, Mr Teo Kuei Yang, was the brother of the Deputy Prime Minister, said court papers.

    They said they signed contracts with Song after she offered to help them move to Singapore under a purported scheme which required at least $500,000 invested in a Singapore company.

    Mr Wang paid her more than $610,000. Mr Liu said he invested $798,500 in her kindergartens after she told him about the Government's emphasis on early childhood education.

    Mr Chen paid $2.1 million to invest in Song's kindergartens and her fengshui business.

    The men later found out that, among other things, the minimum investment under the actual scheme was only $50,000. In Song's defence, she said the trio chose their own investments.

    The three men also alleged that Song persuaded them to buy four semi-detached units at Belgravia Villas in Ang Mo Kio.

    They signed agreements stating that Song would buy the units in her name and transfer the properties to the plaintiffs after they obtain permanent residence.

    In total, they paid her $5.5 million. They later found out the agreements had no legal effect.

    But Song said the trio had persuaded her to buy the properties in her name and the paperwork was handled by Mr Wang.

    In May, despite the Mareva injunction to freeze her assets, she sold 2 per cent of her shares in Friedrich Frobel Holding, the parent company of her kindergartens. As sole director, she also sold some of the firm's stake in two Buttercups kindergarten. The payments totalling about $300,000 were made to her bank account in China.

    http://www.straitstimes.com/singapor...d-for-contempt
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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    Damn chinks so rich. Throwing so much money just to get shittypore citizenship. But too bad, they are too damn stupid to get conned.
    PM Lee Kuan Yew: “Whoever governs Singapore must have that iron in him. Or give it up. This is not a game of cards. This is your life and mine. I’ve spent a whole lifetime building this and as long as I’m in charge, nobody is going to knock it down.”
    #Hatersgonnahate

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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    Quote Originally Posted by Scrooball (clone) View Post
    Damn chinks so rich. Throwing so much money just to get shittypore citizenship. But too bad, they are too damn stupid to get conned.
    She was just stupid to only cash out $300k. She shoulda sold the whole lot and get her money out. Maybe she too wasn't expecting it was possible, since the marijuana injunction was supposed to be in effect.
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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    Who are the bloody rich clowns she duped? Invest millions to get citizenship? Truly a joke.
    PM Lee Kuan Yew: “Whoever governs Singapore must have that iron in him. Or give it up. This is not a game of cards. This is your life and mine. I’ve spent a whole lifetime building this and as long as I’m in charge, nobody is going to knock it down.”
    #Hatersgonnahate

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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    Quote Originally Posted by Scrooball (clone) View Post
    Damn chinks so rich. Throwing so much money just to get shittypore citizenship. But too bad, they are too damn stupid to get conned.
    Dumb chinks culture think everything can be settled with a bribe

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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    What Messrs Wang, Liu and Chen did reflects badly on this regime as they thought its like China where $$ can buy anything.
    Secondly they should have just taken a MRT ride and find out for themselves that the main language heard will be TAGALOG -and that its so easy for these Pinoys to get jobs, PR's and citizenships here (while local unemployment is going up-but that's another story)
    Why pay so much for a place that will be more and more like Pinoyland in future?
    "The Taiwanese are ruthless, Hong Kongers are shameless and Singaporeans are ignorant."

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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    Those ah tiongs that Kenna con... sure must have some influence in ah tiong land...this chick if goes back to ah tiong land will probably not checked out...so she got no where to go beside Singkieland.

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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    Quote Originally Posted by JohnTan View Post
    SINGAPORE -[B][SIZE=5]
    They signed agreements stating that Song would buy the units in her name and transfer the properties to the plaintiffs after they obtain permanent residence.

    In total, they paid her $5.5 million. They later found out the agreements had no legal effect.

    But Song said the trio had persuaded her to buy the properties in her name and the paperwork was handled by Mr Wang.

    In May, despite the Mareva injunction to freeze her assets, she sold 2 per cent of her shares in Friedrich Frobel Holding, the parent company of her kindergartens. As sole director, she also sold some of the firm's stake in two Buttercups kindergarten. The payments totalling about $300,000 were made to her bank account in China.
    The signed agreements which resulted in the Chinese trio parting with $5.5 million "which they later found out had no legal effect" must have been drafted by some lawyer from a law firm.

    A law firm gets paid but drafts agreements that have no legal effect ?

    And then the transfer of shares when a Mareva injunction is still place must also have been prepared by some lawyer from a law firm.

    How did the lawyer not know that there was a Mareva injunction ?

    ST is being extremely benevolent by not naming the law firm involved.

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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    It is good to know that even when a mareva injunction in place, monetary assets can still be taken out. This info may come in handy for me one day in the event of a freak election result.
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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    Quote Originally Posted by JohnTan View Post
    It is good to know that even when a mareva injunction in place, monetary assets can still be taken out. This info may come in handy for me one day in the event of a freak election result.
    Did Tang Liang Hong manage to exploit the loophole ?

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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    Quote Originally Posted by Bonut View Post
    Did Tang Liang Hong manage to exploit the loophole ?
    Oppies like JBJ and Chee and Tang believe in following the rules. Naturally, they know shit about such loopholes even those they were working in legal matters and finance.
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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    Taking a Mareva Injunction against Tang was rather Chek ark thing to do. I wonder if the people involved are proud of themselves?

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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    What happens if you break the mareva injunction? Jail time or just fine?

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    Default Re: Chink Bitch Fuck Care Mareva Injunction And Successfully Cashes Out!

    Quote Originally Posted by Victory2016 View Post
    Taking a Mareva Injunction against Tang was rather Chek ark thing to do. I wonder if the people involved are proud of themselves?
    It's political sophistry.

    And what's so chek ark about it? It turns out that the mareva injunction can be breached if you want to. Given how fast tang fled, he should have breached the injunction anyway. It's amazing how fast a fat guy can run when the PAP gives him the right motivation.
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