A businessman who gave the abbot of a Buddhist temple $1.4 million to invest in a Cambodian casino has failed in his suit to recover his money.
The High Court on Wednesday found that evidence did not point to any agreement between Mr Chua Kwee Sin, 48, and Venerable Meow Di, 45.
Rather, said Justice Tay Yong Kwang, it showed that the investment deal was between Mr Chua and business consultant William Tan Kheng Tiong, 43.
The judge noted that the monk did not deny receiving money from Mr Chua but maintained that the money was meant to be forwarded to Mr Tan.
The money was eventually handed to Mr Tan - even though Mr Tan denied ever receiving money from the monk.
Justice Tay pointed to the testimonies of the monk and his disciple Tony Au, who said they carried the cash out of Singapore on two occasions to hand it to Mr Tan in Vietnam.
Mr Tan had also issued two receipts to acknowledge the funds.
Mr Chua will now have to bear the legal costs of not only Ven Meow Di, but also of Mr Tan, who was pulled into the suit by the abbot.
Ven Meow Di had named Mr Tan as a third party in his suit to bear the liability for any damages ordered.