SINGAPORE — Cordlife's Chief Financial Officer Thet Hnin Yi has been arrested amid investigations into the company’s mishandling of cord blood units.Cordlife Chief Financial Officer Thet Hnin Yi was arrested and released on bail, the company announced on March 27, 2024.Cordlife's Chief Financial Officer Thet Hnin Yi has been arrested amid investigations into the company’s mishandling of cord blood units.
Cordlife said at the time that Ms Thet had been asked to assist with investigations and had not been arrested. “Ms Thet is the key person liaising and managing responses to be sent to the regulators and works closely with the company's legal advisers in relation to announcements to be released by the company, and with the company secretary in relation to corporate secretarial matters,” added Cordlife.
In addition, four directors who are currently not based in Singapore are required to attend a police interview on April 2.
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