Another Cordlife director arrested, the seventh in string of arrests

Three other directors who are not based in Singapore and originally meant to attend interviews on April 2 will have their interviews postponed. - ST FILE

SINGAPORE: Another one of Cordlife’s board members has been arrested, the latest in a string of arrests of its senior executives at the troubled private cord blood bank.

In a bourse filing on Apr 5 at 5.18pm, the company said Yiu Ming Yiu, a non-independent non-executive director on the board, was arrested and released on bail after attending an interview at the offices of the police’s Commercial Affairs Department.