Three Arrows Co-Founder Zhu Apprehended, Liquidator Says (1)

Three Arrows Capital co-founder Su Zhu was apprehended in Singapore while trying to leave the country on Friday.

Teneo, which is liquidating the defunct firm’s estate, said it received a committal order against Zhu after he failed to comply with an earlier Singapore court order compelling him to cooperate with the liquidation investigation. The order sentenced Zhu to four months in prison, according to a statement by Teneo.

Zhu was apprehended at Singapore’s Changi Airport on Friday afternoon, Teneo said, adding that the Sept. 25 order also saw Zhu’s co-founder Kyle Davies receive the same sentence.

Zhu didn’t immediately respond ...