Genting Malaysia Refutes $600 Million Lawsuit from RAV Bahamas as “Baseless”

In a recent legal confrontation, Genting Malaysia has publicly denounced claims made against its subsidiary, Genting Americas Inc (GAI), by RAV Bahamas Ltd, describing them as “malicious and baseless.” The dispute stems from allegations related to financial mismanagement at the Resorts World Bimini in the Bahamas, where RAV Bahamas, holding a 22% stake, has accused Genting, which owns the remaining 78%, of financial negligence. […]