Willis sues rubber company

November 22nd, 2008 - 1:13 pm ICT by IANS  

Bruce WillisLos Angeles, Nov 22 (IANS) Actor Bruce Willis is suing a Malaysian rubber company after investing $2 million in it.The company is Elastomer Technologies of The Petra Group run by Prince Imran Ibni Tuanku Ja’afar and Vinod B. Sekhar.

Tmz.com reports that the suit claims that Willis invested in “a revolutionary technology to produce devulcanised ‘green rubber’”.

Willis claims that it was a “no risk” investment and had a “put option” which meant that he could ask for his money back anytime. Willis said he got back $1,1000,000 but the company still owes him $900,000.

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