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Socialite settles divorce suit with Indonesian tycoon

youallhumsup

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Socialite settles divorce suit with Indonesian tycoon

Deal means freeze on tycoon's assets lifted

Published on Nov 16, 2011

ST_IMAGES_VISHOES16A.jpg


http://www.straitstimes.com/STI/STIMEDIA/image/20111115/ST_IMAGES_VISHOES16Ae.jpg
ST_IMAGES_VISHOES16B.jpg


Ms Jamie Chua and Mr Nurdian Cuaca agreed to an amicable settlement. The couple had been married for more than 15 years and have two children. -- PHOTOS: ST FILE, JAMIE CHUA


By K.C. Vijayan, Law Correspondent

Socialite Jamie Chua, who had been seeking $450,000 a month in maintenance from her husband, settled her suit on Tuesday.

She and her estranged husband, Indonesian tycoon Nurdian Cuaca, agreed to an amicable settlement which was recorded in the High Court before Justice Tay Yong Kwang.

The terms are confidential, but the deal also meant the court lifted a freeze on the $93 million worth of assets belonging to Mr Cuaca that had been in force since the start of this year.

The deal marks the end of a high-profile divorce suit that threatened to expose the couple's personal lifestyles to the public glare.

Read the full story in Wednesday's edition of The Straits Times.

 
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youallhumsup

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Asset


Her ex-spouse, businessman Nurdian Cuaca, is an Indonesian multi-millionaire. The 36-year-old, whose maiden name is Jamie Chua Xin Yin, was a stewardess in Singapore Airlines before getting married to her 44-year-old husband. The couple spent 15 years together as husband and wife before filing for divorce in court last year. They had two children together during the course of their marriage. The estranged couple failed to show any strong reason for the divorce in court. According to online sources, it seems they just wanted to get rid of each other because their love had ended.


Jamie-Chua.jpg


Jamie Chua

Nurdian Cuaca owns two houses in Sentosa Cove and Hong Kong, shares in a private company, a wine collection and three expensive cars – a Ferrari, a Porsche and a Lamborghini. The total value of company shares stands at $79.2 million while the two homes are worth $14.6 million. Jamie Chua has filed a petition in court and has successfully frozen her former husband’s $93m assets. Madam Chua is seeking $450,000 in monthly maintenance from Mr Cuaca. Mr. Cuaca is apparently not ready to give up his money to his ex wife as he is appealing against the decision in court.His appeal will hear a verdict in High Courts next month.

Getting into hot water with Interpol

Nurdian Cuaca, is reportedly on the Interpol list for fraud charges. However, a statement released yesterday to The Straits Times by Mr Cuaca’s lawyer cited that Cuaca is “unaware of any valid basis for the Interpol Red Notice, which appears to have originated from a source from Jakarta”.

The lawyer added that the 45-year-old businessman had traveled freely from Singapore to Indonesia and other countries since November. According to the Interpol website, the Red Notice is a “warrant to be circulated worldwide with the request that the wanted person be arrested with a view to extradition.”

Jamie Chua’s Struggle

Jamie Chua, who is frequently spotted at high society events in Singapore has been further thrown in the spotlight with the divorce battle. Mr Cuaca’s actions haven’t made it any easier either.

Her lawyers had applied for an asset freeze and interim maintenance order because Mr Cuaca had reduced her monthly maintenance amount and canceled her supplementary card. In explaining the decision to freeze Mr Cuaca’s assets, the judge said the latter was found to have transferred $3.2 million from a bank here to Indonesia.

Mr Cuaca had claimed this was funds belonging to his sister, Miss Risna. However, the judge wrote that there was strong evidence that the removal of the amount was to shrink the matrimonial assets that would be divided by the courts.

Given the circumstances, the judge said the withdrawal of that $3.2million “was not legitimate and was not justified.” In addition, he had also attempted on two occasions to dispose of his wine collection in their matrimonial home, and shut down the couple’s shoe business, Cloud 9 Lifestyle.

 

Sir_Fcuk

Lunch Corporal
Loyal
Jamie Chua is still a reasonably tasty MILF ...... with S$450,000 a month she will be a golden fuc... cheebye even with S$450,000 a year one can live like a king in Singapore... not to mention $450K/month!
 
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