Die Hard star and Hollywood A-list actor Bruce Willis is suing a member of Negeri Sembilan royal family for return of his investment over ‘green rubber’ venture. Quoting The Star:
A Bloomberg report said that Petra’s chief executive officer, Datuk Vinod B. Sekhar, and Tunku Imram had allegedly induced Willis in 2007 to invest in a company that was developing a non-toxic and recyclable rubber, the actor said in a complaint filed on Thursday in federal court in Los Angeles.
Willis was told that former US Vice President Al Gore and actor Mel Gibson also had invested in the company, Elastomer Technologies Ltd., according to the complaint. Willis had a put option, whereby for a specified period time he could get a full refund of his investment, according to the complaint.
Petra Group chief executive officer on November 12, announced he would bring in former US president Bill Clinton to Kuala Lumpur on December 6 to deliver the inaugural BC Sekhar memorial lecture.
From the Malaysia Insider:
The Petra Group said today it is in the process of buying back Hollywood actor Bruce Willis’s shares in a “green rubber” venture amounting to US$900,000 and is surprised at the “Die Hard” star’s decision to sue them.
According to a report by Bloomberg news, Willis has filed a suit against Petra and Tunku Imran Tuanku Ja’afar demanding the return of the sum, which was part of US$2 million invested in the venture.
Petra spokesman Andrew Murray-Watson said in a statement issued in Kuala Lumpur today that it was Willis, reportedly a close friend of fellow Hollywood star Mel Gibson, who had contacted Datuk Vinod Sekhar and asked for a chance to invest in Green Rubber Global Plc.
This version of events contrasts with Willis’s court filing in which he claimed that it was Sekhar and Tunku Imran whom induced him to invest in the company that was developing a non-toxic and recyclable rubber.