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SINGAPORE (THE BUSINESS TIMES) - Raffles Education (REC) on Thursday (June 2) said it has learnt that summonses have been issued by an Indian magistrate against the company, certain current and former directors, as well as employees and a consultant. The advice from its legal counsel in India is that the allegations are "without basis and without merit".
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Raffles Education chairman and chief executive officer 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) of Singapore.