$4.6b lawsuit

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$4.6b lawsuit

THE original owner of the Baha Mar Resort, BML Properties Ltd, has filed a $US2.25 billion ($F4.6b) lawsuit alleging a “massive fraud” by the Chinese contractor of the luxury hotel and casino project in Nassau, the Bahamas, that opened its doors in April after years of delays.

The 259-page complaint, filed in state court in Manhattan on Tuesday, accuses Chinese state-backed contractor China Construction America (CCA) of running a self-enrichment scheme that led to the failure of the $US3.5b ($F7.2b) mega-resort project in 2015.

CCA, a subsidiary of Shanghai-listed China State Construction Engineering Corp Ltd (601668.SS), did not return requests for comment.