Monday, 15 July 2013

Father Land Construction withdraws suit against actress

Father Land Construction withdraws suit against actress

By Zon Pann Pwint   |   Monday, 15 July 2013

Father Land Construction has withdrawn a lawsuit against actress Daw Wah Wah Win Shwe that was filed after they fell out over a plan to develop the site of a former Su Htoo Pan Cinema on Bogyoke Aung San Road.

Pedestrians walk past Su Htoo Pan Cinema on Bogyoke Aung San Road in downtown Yangon. (Boothee/The Myanmar Times)Pedestrians walk past Su Htoo Pan Cinema on Bogyoke Aung San Road in downtown Yangon. (Boothee/The Myanmar Times)

A spokesperson for Father Land, U Myo Myint, said both sides agreed to cancel the original contract made to develop a 12-storey tower on the site.

"We made the agreement to withdraw the defamation lawsuit that the company filed against her to the Yangon Region High Court," U Myo Myint said.

"Now both sides are at peace. We won't have any problems in future."

The agreement states that the development deal will be cancelled and any lawsuits filed to the Yangon Region High Court by either side must be withdrawn.

The chairman of the construction company also has to return the site personally to Daw Wah Wah Win Shwe.

The case was filed in late June after the three-time Academy Award-winning actress placed a notice in state media accusing the company's chairman of performing an occult ceremony at the site.

She also said Father Land had failed to make satisfactory progress on the site, accusing the company of failing to secure planning permission from Yangon City Development Committee after both sides agreed to develop a 21-storey tower rather than the original 12 levels.

However, the company said the problems were related to Daw Wah Wah Win Shwe's financial difficulties, saying she could only pay three-quarters of the K1.2 billion specified in the agreement.

U Myo Myint declined to say whether the construction company would give back the K900 million Daw Wah Wah Win Shwe had already paid it to develop the site.

Daw Wah Wah Win Shwe could not be reached for comment last week as she was travellling abroad with her family.

Source: http://www.news.myanmaronlinecentre.com/2013/07/15/father-land-construction-withdraws-suit-against-actress/

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