Indian-origin CEO spent Rs 3.5 crore on girlfriend, then asked for it back
An Indian-origin CEO, Chander Agarwal, is suing his former girlfriend, Felicia Lee, in a Singapore court to recover approximately ₹3.5 crore (SGD 468,090) he spent on her during their relationship, claiming it was a loan. Lee argues the money and gifts were given out of love with no expectation of repayment, making it a unique legal dispute.
Why it matters
This case highlights the complexities and potential legal ramifications of financial transactions within romantic relationships, particularly when significant sums are involved, and could set precedents for similar disputes.
A relationship that began with flights, luxury gifts and lavish spending eventually found its way into a Singapore courtroom after an Indian-origin businessman sought to recover nearly ₹3.5 crore he said he had spent on his former girlfriend.Chander Agarwal, CEO and managing director of logistics company TCI Express, had told the Singapore High Court that the money he spent on Felicia Lee during their relationship was not simply a series of gifts. He claimed the payments were interest-free loans that she was supposed to repay.Lee disagreed. Her position was that the money and expensive purchases had been given to her out of love and affection, with no expectation of repayment.The case has attracted attention because of its unusual nature of dispute. But what did the court say and who did it ultimately side with?
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in