The US Marshals Services sold the confiscated Walker Tower condo in Chelsea to Ron Vinder for $18.25 million in 2020. That set off a battle with the tower’s condo board, which voted to void the sale and sued to eject Vinder and his family from the building.The Malaysian fund that was created to promote economic development was looted of more than $4.5 billion, with high-level officials using the money to buy real estate and other luxuries and even invest in Hollywood films.
The Walker Tower board claimed its bylaws gave it the right of first refusal on any condo sale in the building. It also claimed the unit was sold at a 64% discount.He concluded that it was flawed because it didn’t include the US government as one of the parties. Naming the government was necessary because it had a stake in the case as it would once again be the condo’s owner if Vinder were evicted, he said.
"We are grateful that the court has rejected the plaintiffs’ unfounded efforts to evict our client from his home,” Vinder’s lawyer Marc E. Kasowitz said in a statement. Lawyers for the condo board did not return a request for comment after hours last Friday. - Bloomberg
Atuk Madey ni dah tua² pun masih licik dan tamak. Wujudkan masalah lps tu dtg kononnya sbg penyelamat setiap kali. Di sebalik isu ni oun ade campur tgn atuk gak hrhjohorii, atuk ni will always remain the same
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »
Source: staronline - 🏆 4. / 75 Read more »
Source: malaymail - 🏆 1. / 86 Read more »
Source: malaysiakini - 🏆 20. / 51 Read more »
Source: msianinsight - 🏆 8. / 63 Read more »
Source: msianinsight - 🏆 8. / 63 Read more »