MALAYSIA: A Malaysian court has shut down a Singapore casino’s attempt to bankrupt a local businessman over a gambling debt worth RM26 million (S$8 million), reinforcing a long-standing legal stance: gambling debts aren’t enforceable in Malaysia.
The Ipoh High Court dismissed a petition filed by Resorts World at Sentosa Pte Ltd against restaurant owner Lee Fook Kheun. The casino had sought bankruptcy action after Lee allegedly failed to repay the RM26 million tied to gambling credit, Free Malaysia Today (FMT) reports (April 28).
Justice Moses Susayan ruled that the debt couldn’t be recognised under Malaysian law because it arose from gambling, which is considered illegal and void.
The case leaned on a prior Federal Court decision…