Confusion over whether ex-CEO still has role in Yuuzoo

Singapore

CONFUSION has arisen over whether social-media company YuuZoo's Singapore chief executive officer (CEO) Mohandas continues to play a role in the company.

Mr Mohandas, who goes by one name, told The Business Times yesterday that he does not; he had resigned on March 5 and that the resignation took effect yesterday, he said.

A letter of resignation dated March 5 and seen by BT said he had resigned from "all other official positions or directorships" undertaken for all subsidiaries of YuuZoo, in addition to his stepping down from the CEO and executive director role.

However, before the market opened yesterday, a bourse filing submitted by lead independent director Anth…