Minibonds – please don’t sue

All financial institutions, everybody will freeze and take legal defensive actions and then ‘your affected investors will have to wait weeks if not months, maybe even years before they can have recourse. I don’t think that’s the best approach’.

Lim Hng Kiang, who said that “if the issue is taken to court, ‘nothing will move’ amid the legal wrangling.” (Straits Times)