28 Dec '11, 6am

MBS sues five gamblers for S$7.5m #Singapore

) is suing five of its high-rollers for a total of S$7.5 million they are said to owe, reported The Straits Times (ST). This, reported the broadsheet, is the largest group of gamblers being hauled to court since its opening last year, and is seen by analysts to show the casino operator’s seriousness on debt defaulters. The five men, consisting two Malaysians, a Chinese national, an Indonesian and a Singapore-based Japanese, are accused of owing MBS between S$500,000 and S$2 million each. ST reported that according to court papers filed against them, the five were premium players who were members of an exclusive club for valued patrons known as the Paiza. The cheques they had initially issued and signed for MBS were not honoured by the banks they were linked to, the paper reported. Malaysian Por Boon Chuan reportedly applied for a S$1 million credit line and was given S$500...

Full article: http://sg.news.yahoo.com/mbs-sues-five-gamblers-for-s-7-5...

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