Singapore CEO’s gift-for-loan claim dismissed in high court breakup case
A Singapore high court rejected a CEO’s attempt to recoup about SGD 468,090 in luxury gifts from his ex-girlfriend, ruling that the expenditures were gifts, not loans. The man had argued the gifts, including Hermes, Dior and Prada items and other lavish expenses, were loans and sought repayment; a handwritten agreement was not accepted as proof, and the court noted the girlfriend had a modest income. The judge emphasized the relationship’s dynamics and WhatsApp exchanges, concluding there was no basis to treat the gifts as debts.