Former Crown Resorts vice president of marketing Chua Eh Fong failed in her bid to recover years’ worth of interest on Chinese billionaire Huang Youlong’s AUD 60 million ($41.6 million) gambling debt, which he lost in Crown Perth back in 2015.
Hong Kong Court Rejects the Former VP of Marketing’s Bid
Hong Kong Deputy High Court Judge Alan Kwong dismissed Chua Eh Fong’s lawsuit seeking 24% annual interest on the debt that Huang had repaid to junket operator Suncity. She initially claimed that she had personally entered into two oral credit agreements with Huang, which entitled her to charge 24% annual interest on the outstanding amounts once repayment became overdue.
However, the judge found Chua’s account lacked…