Lee Kuan Yew, Goh Chok Tong accept Chee Soon Juan's
S$30,000 offer
SINGAPORE: Former Minister Mentor Lee Kuan Yew and
Emeritus Senior Minister Goh Chok Tong have accepted opposition
politician Chee Soon Juan's offer to pay S$30,000 to discharge
himself from bankruptcy.
Senior Counsel Davinder Singh of Drew & Napier
LLC said this in a statement on Friday.
Dr Chee, who is the Secretary-General of the
Singapore Democratic Party (SDP), was declared a bankrupt in 2006
after he failed to pay damages totalling S$500,000 to Mr Lee and Mr
Goh.
This followed a defamation suit brought on by the two over remarks
Dr Chee made during the 2001 General Election.
Earlier, in a statement on September 11, Dr Chee said Mr Lee and Mr
Goh had indicated that they would accept his offer of S$30,000 to
annul his bankruptcy.
The SDP posted an email dated September 7 from the Official
Assignee to Dr Chee on its website, saying that Dr Chee's creditors
- Mr Lee, Mr Goh and the Attorney-General's Chambers - had no
objection to his offer of composition of S$30,000.
Dr Chee said he will be working to raise the amount, primarily
through the sale of his books.
He added that he was looking forward to being formally cleared of
his bankruptcy so that he would be eligible to stand in the next
General Election, due in 2016.
- CNA/fa
