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CAD arrests Cordlife’s CFO in connection with potential breaches of disclosure obligations

Felicia Tan
Felicia Tan • 2 min read
CAD arrests Cordlife’s CFO in connection with potential breaches of disclosure obligations
Thet Hnin Yi will still remain in her position as CFO, says the company.
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Cordlife Group, on March 27, announced that its chief financial officer (CFO) Thet Hnin Yi, has been arrested by the Commercial Affairs Department (CAD) in connection with the potential breaches of the company’s disclosure obligations. The news was first disclosed by the company on Nov 30, 2023.

Thet has since been released on bail.

She will also continue in her role as Cordlife’s CFO due to various reasons including her 17 years of experience with the organisation.

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