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Nov 21, 2008

Bruce Willis sues Petra, Tunku Imran as green venture turns sour

Hollywood actor Bruce Willis of “Die Hard” fame is suing Malaysia’s Petra Group and Tunku Imran Tuanku Ja’afar over a “green rubber venture”, Bloomberg news reported today.

The actor is demanding the return of US$900,000 (RM3.2 million) of the US$2 million he invested in the venture.

According to court papers filed in federal court in Los Angeles, California, Petra's chief executive Datuk Vinod B. Shekhar and Tunku Imran had induced him to invest in a company that was developing a non-toxic and recyclable rubber.

Willis had a put option, whereby for a specified period time he could get a full refund of his investment, according to the complaint. He exercised the option on March 17, Willis said, according to the Bloomberg report.

Willis said in his filing that he was told former US Vice-President Al Gore and actor Mel Gibson had also invested in the company, Elastomer Technologies Ltd.

"Despite the defendants' obligation to immediately refund Willis' investment in April 2008, the defendants continued to provide different specious excuses for the retaining of Willis' funds," the actor said in the complaint, quoted by the Bloomberg report.... more.
Muuuaaahhhh .... Malaysia bertambah harum.
Dato' Bruce Willis .... wakakaka


rasaBijak said...

laaa.. ingatkan Bruce Willis nak saman Raja Petra..


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