WILLIS WINS PAYBACK IN INVESTMENT CASE
A Malaysian technology firm has agreed to repay Hollywood actor BRUCE WILLIS his $900,000 (£599,010) investment - after the star took legal action to demand a refund.
Malaysia’s Petra Group returned $1.1 million (£732,154) to Willis earlier this year (08) after he decided to pull out the $2 million (£1.3 million) he invested in the firm’s recyclable rubber venture last year (07).
The Die Hard star reportedly filed a court complaint in Los Angeles this week (begs17Nov08), alleging he failed to receive the remaining $900,000.
Now bosses at the technology conglomerate have announced they will pay Willis the balance "within the next few weeks", according to a statement emailed to the Associated Press.
They go on to deny any wrongdoing, claiming they are "very surprised by Mr Willis’ actions and refute in the strongest possible terms any allegations of impropriety".
Movie & Entertainment News provided by World Entertainment News Network (www.wenn.com)
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