The bail amount for each person has been set at $30,000.
Raffles Education’s chairman and CEO Chew Hua Seng, along with lead independent non-executive director Lim How Teck, non-independent non-executive director Joseph He Jun, independent non-executive director Ng Kwan Meng and Doris Chung Gim Lian, a director and key management of Raffles K12 Sdn Bhd and Raffles Iskandar Sdn Bhd, have been arrested by the Commercial Affairs Department (CAD).
On Feb 21, Raffles Education announced that the individuals were notified to attend the CAD’s offices to effect their formal arrest and posting and release on bail.
