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3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report

2022.08.26 22:34

3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report
3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report

According to a document seen by Bloomberg, Zhu delivered the affidavit in person on Aug. 19. In it, Zhu states that Teneo “had not provided an entirely complete or accurate version of events” to the Singapore court, which granted Teneo’s request for access to 3AC records in Singapore on Aug. 22.

Teneo, an advisory firm, was appointed in June to liquidate 3AC assets by a court in the British Virgin Islands, where Singapore-based 3AC had moved its registration. The fund had also announced its intention to move its headquarters to Dubai.

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