Liquidator Teneo Reports Zhu Su To Police Before His Arrest At Singapore Airport

Zhu Su, the founder of Three Arrows Capital (3AC), has been arrested at Singapore Changi Airport and is currently in jail. The liquidator, Teneo, reported Zhu Su to the police. They are also seeking permission to visit Zhu Su in prison to gather information about Three Arrows Capital’s assets.

Teneo Reports Zhu Su To Police

According to sources, the liquidators had been monitoring Zhu Su’s activities in Singapore and discovered that he hosted parties at his upscale bungalow. On September 29, they reported to the police that Zhu Su might be in a car traveling from the bungalow to the airport.

Zhu Su held a party at a high-end bungalow in Yawu Road. Source: Zaobao

Due to Zhu Su’s lack of cooperation with the liquidation investigation, a Singapore court issued a detention order against him, sentencing him to four months in jail. A similar order was issued against Kyle Davies. The liquidators are in contact with law enforcement agencies worldwide to locate Davies.

Zhu Su is the president and director of Three Arrows Capital, while Davies is the chairman and director. Both have received a nine-year ban from the Monetary Authority of Singapore, which prohibits them from participating in regulated activities and holding positions in capital market services companies.

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