3AC co-founder Su Zhu probed in Singapore court over fund’s collapse
Su Zhu, co -founder of Three Arrows Capital (3AC), reportedly faced his first court questioning in Singapore court regarding the firm’s collapse . Su Zhu the co -founder of the defunct Three Arrow’s (3AC) capital has made a court appearance in Singapore spanning two days this week that is part of a wider net of legal proceedings initiated by Teneo, the appointed liquidator of his company’s assets, Bloomberg has reported. The court session, held under private terms, was primarily focused on unraveling the circumstances leading to the fund’s failure and locating the remaining assets. Earlier, a Singapore court had approved the questioning of Zhu following his arrest at a Singapore airport on Sep. 29. Zhu was detained for four months for not cooperating with the liquidation process of 3AC. He is expected to be released imminently, with the court considering standard provisions for good behaviour. You might also like: Genesis seeks court approval for 3AC settl...