Three Arrows Capital co-founder Su Zhu faced his first trial in Singapore this week and responded to Teneo lawyers during a two-day court hearing. Lawyers are seeking details about how the fund collapsed and what happened to its assets, people familiar with the matter said. Sources said Zhu will be released this month under good behavior standards.
"The liquidators will seek every opportunity to ensure that Mr Zhu fully complies with court orders against him to provide information and documents relating to 3AC and its former investment manager, both during and after his imprisonment and may make applications requiring further court orders," Teneo said in a statement. expressed in September. (Bloomberg)