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UOB’s Loan Fraud Damages Against Lippo Marina Collection Quadruple to S$76.1 Million

The court said repayments and rent should have gone to legitimate loans first, restoring more than S$35 million in damages and interest.

Summary by Business Times
The bank was deceived into disbursing higher housing loans between 2011 and 2013 Read more at The Business Times.

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Business TimesBusiness Times
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UOB’s loan fraud damages against Lippo Marina Collection quadruple to S$76.1 million

The bank was deceived into disbursing higher housing loans between 2011 and 2013 Read more at The Business Times.

·Singapore, Singapore
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The Straits TimesThe Straits Times
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UOB’s award against Lippo Marina Collection increased from $17.7m to $76.1m on appeal

The award of $76.1m comprises the previous award of $17.7m; repayments and rental income; and about $22.46m in interest. Read more at straitstimes.com.

·Singapore, Singapore
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The Straits Times broke the news in Singapore, Singapore on Monday, August 24, 2026.
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