SINGAPORE: Shipping veteran Teo Siong Seng and other executives accused by the United States of
conspiring to restrict output and fix the prices of dry containers have been sued by a pair of US firms.
The class-action lawsuits from manufacturer CA Spalding Company and shipping company Daybreak Express are separate from the indictments by the US Department of Justice. They were filed on Jun 2 and Jun 9, respectively.
Both suits were filed against Singamas, China International Marine Containers, CXIC Group Containers and a group of executives, including Mr Teo, who is the CEO and chairman of Singamas. The firms are seeking monetary damages....
SINGAPORE: Shipping veteran Teo Siong Seng and other executives accused by the United States of
conspiring to restrict output and fix the prices of dry containers have been sued by a pair of US firms.
The class-action lawsuits from manufacturer CA Spalding Company and shipping company Daybreak Express are separate from the indictments by the US Department of Justice. They were filed on Jun 2 and Jun 9, respectively.
Both suits were filed against Singamas, China International Marine Containers, CXIC Group Containers and a group of executives, including Mr Teo, who is the CEO and chairman of Singamas. The firms are seeking monetary damages. CNA
The bankrupt American terrorists, unproductive losers, are now using their laws to target a Singaporean shipping magnate and some Singaporeans using the only thing they know best, useless lawyers to squeeze money from their victims by twist and turn, using every excuse they can find in their law of the jungle.
This is not much different from the Washington clowns accusing Iran of the potential and intent to build nuclear weapon, and bombing and attacking Iran in the name of peace and to open the Strait of Hormuz. The American terrorists have been bullying the rest of the world with their rogue regime behind them, thinking and behaving as if they are the mafia that owns the world. They have attacked many countries with China, Russia, Iran and Latin countries as their primary targets. Oops, killing Iranians, Arabs and Muslims is now their main preoccupation.
Singapore is a key American ally but also not spared. A poor Singaporean is headhunted as rich enough to be fleeced by their unproductive lawyers that make a living backed by their kangaroo courts. Looks like this poor Singaporean is going to be the fat goat the American gangsters are looking for since they are no longer able to compete in the international market and need other ways to make money, by hook or by crook. The lunatic Trump is attacking every country he deems fit at his fancy. The American Justice Department and these loose lawyers are just following what Trump is doing, use their American mafia law to bully and rob victims not under their jurisdiction. By the way, this poor Singaporean is well connected. Michael Fay was connected also with President Clinton to protect him.
The American terrorists and gangsters are really desperate with a fake economy depending on the Stock Market but no real production of goods and services. Other than the bubble in Wall Street, all the American industries are crumbling and bankruptcies are growing, One by one they will fall on the wayside...bankrupt. So blame someone else! Sue someone else, sue big, big and hope to get something in return. They have their kangaroo courts and the rogue Washington regime behind them against victims that have no one to protect them from these predators. The American law of the jungle reaches every country that cannot defend themselves and their own citizens.
The American thugs and unproductive rogue lawyers are raping Singaporeans and thinking they can get away with millions or billions fabricating charges.
