Brunei Prince Claims Associate Used Him as Figurehead
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A Brunei prince sued a business associate for inducing him through almost daily meetings and social interactions to inject his electric vehicle business into a Singapore-listed company and then excluding him from decision-making.
Elektromotive Group Ltd. Vice Chairman Ang Gee Hing failed to help Prince Abdul Hakeem, the nephew of Brunei’s Sultan, raise funds for the electric vehicle charging business as promised and denied him office space, according to the lawsuit in the Singapore High Court. The first closed hearing is scheduled for tomorrow.