Feb 21, 2024
Singapore Seeks to Arrest Entrepreneur Who Bid for Man United
Bloomberg News
,(Bloomberg) -- A Singapore arrest warrant and an Interpol Red Notice have been issued against Thomas Zilliacus, a Finnish entrepreneur, who made a surprise bid for Manchester United Plc last year.
He is being sought over his alleged involvement in the release of misleading statements by Yuuzoo, a company he previously helmed in the city-state, according to a statement by the Singapore Police Force on Wednesday.
“Following investigations, several of such financial reports released by YuuZoo between 2015 and 2016 are alleged to have been misleading in a material particular in that they overstated YuuZoo’s revenue by US$4.6 million to US$18.8 million,” the police said.
Zilliacus, a former chairman of Finnish football team HJK, said in an interview just under a year ago that he had the finance to support a takeover of the football club.
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