BusinessWeek, 20 Apr 2010
April 20 (Bloomberg) -- Merrill Lynch & Co.’s suit seeking $9.4 million from Indonesian businessman Prem Harjani has no legal basis, a lawyer for the bank’s former private-banking client told a Singapore court today.
“The evidence they’ve presented is not sufficient to fulfill the ingredients of fraud,” Denis Tan, Harjani’s lawyer, said. The businessman has “no case to answer.” Full Story