Troubled GKC firm faces writ over $904,851 bill for goods

PUBLISHED : Wednesday, 29 July, 1998, 12:00am
UPDATED : Wednesday, 29 July, 1998, 12:00am

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A subsidiary of GKC Holdings - which at present faces fraud allegations by the Commercial Crime Bureau (CCB) - has been accused of withholding payment for goods sold and delivered worth $904,851.


According to a writ filed at the Court of First Instance, German Kitchen (China) owes the sum to Yook Tong Electric.


The writ said the sum constituted outstanding payments for goods sold and delivered between November 27 last year and July 24 this year.


Despite repeated demands, German Kitchen had failed or refused to pay the sum, the writ said.


Yook Tong is also seeking interest and costs.


CCB officers raided German Kitchen last week. Two other companies closely linked to GKC Holdings were also raided, as was GKC.


Documents were seized from the kitchen material maker on the basis of a complaint of alleged fraud lodged against its management.


GKC has also been the target of a string of court writs over the past few weeks.


 

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