Read the full judgment text of DCCJ 2408/2024 on BabelCite. This District Court judgment was delivered on 10 May 2024.
1. Plaintiff (“P”) claims to be a victim of fraud resulting in US$1,996,770.00 (“Defrauded Funds”) paid to the “first layer” recipient Da Na Si Trade Limited (“DNS”) to its accounts held with The Industrial and Commercial Bank of China (Asia) Limited (“ICBC”), the defendant to an action commenced in the High Court (HCA 520/2024).