NEWS
MBS goes to court to get back $1m from two debtors
Marina Bay Sands (MBS) wants to recover debts of about $1 million from two gamblers.
In the first case, MBS wants Mr Octavius Tok to disclose all his assets in court.
Mr Tok, a former racehorse owner, was ordered by the High Court to pay a $619,589 bill he rang up at the casino.
The Singaporean stayed at the hotel for 23 days last year and was charged for 125 bottles of alchohol, 5,285 packs of cigarettes and 62 phone top-up cards.
The alcohol alone cost a total of $522,481.
The 37-year-old is expected to appear in the High Court on Tuesday to be examined by MBS's lawyers.
He has also hired lawyers to defend him.
Mr Tok allegedly robbed a businessman of $450,000 in a hotel room at MBS last April
His criminal case will be reviewed by the court in March.
In the second case, MBS obtained a court order allowing it to serve claims on a Kuala Lumpur-based businessman Low Lin, 71.
Mr Low allegedly owes MBS some $442,210 in losses. The casino advanced Mr Low $500,000 in credit in April 2010.
He made multiple trips to the casino over four months, between April and July 2010.
Low advanced a cheque to MBS - a prerequisite for obtaining credit - but the cheque bounced in March last year, said court papers.
He also failed to respond to several letters seeking repayment. He paid $45,000 of the total debt but left about $442,210 unpaid as of July 2010.
A High Court pre-trial conference is set for tomorrow.
MBS's move to vigorously pursue debts through court action is based on the principle of deterring potential defaulters, although the prospects of recovering the money are slim.
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