New Image Group Founder Detained in Vietnam Amid Legal Dispute

Highlights:

• Graeme Clegg, founder of New Image Group (NZX: NEW), remains detained in Vietnam over an arbitration dispute for 59 days.
• The 85-year-old entrepreneur was recently diagnosed with colon cancer, heightening calls for government intervention.
• The legal battle centres on intellectual property claims, which Clegg denies, prompting urgent calls for diplomatic support.

Graeme Clegg Seeks Urgent Assistance After Cancer Diagnosis

Graeme Clegg, the founder of New Image Group (NZX: NEW), remains stranded in Vietnam, where he has been detained for 59 days due to a contested arbitration order. At the time of writing, the 85-year-old entrepreneur, currently staying in a hotel in Ho Chi Minh City, has called for immediate intervention from officials following a recent diagnosis of colon cancer.

Clegg, who established New Image Group as a prominent player in the health and wellness sector, travelled to Vietnam in March to address a long-standing legal dispute. The conflict revolves around allegations of stolen intellectual property, which has led to his current predicament. Speaking from his hotel room, Clegg described the situation as "very, very difficult," expressing growing concern over his health and safety while awaiting resolution.

Legal Battle Over Intellectual Property

The dispute centres on claims of intellectual property theft, which Clegg vehemently denies. He travelled to Vietnam with hopes of negotiating a settlement but found himself entangled in a protracted legal process. Despite efforts to mediate the situation, the conflict escalated, leading to his detention.

Clegg's current condition has heightened the urgency of his situation, with advocates calling for New Zealand officials to step in and facilitate his safe return. His family and legal representatives are urging diplomatic intervention, citing concerns for his health and the complexities of navigating Vietnam's legal system.

Calls for Government Intervention

Supporters are now pressing the New Zealand government to intervene swiftly to bring Clegg home, given his age and recent health developments. As legal negotiations continue, the focus remains on finding a resolution that will allow Clegg to safely leave Vietnam and receive necessary medical treatment.

The unfolding situation highlights the challenges faced by business leaders operating in international markets, especially when legal disputes cross borders and intensify to this magnitude.

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