CDL saga: Father, son and the wrest for power
Feb 28, 2025•8 min•Season 9Ep. 284
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Episode description
In the latest on the City Developments Limited (CDL) saga, executive chairman Kwek Leng Beng said his son Sherman Kwek and other directors acting with him have agreed not to take further action after a court hearing on Wednesday (Feb 26). The older Kwek had earlier announced he was taking his son to court over alleged governance lapses and an attempted power grab at the board level. Andrea Heng and Hairianto Diman speak with Victor Lai, Principal Consultant at CitadelCorp, to get the latest developments from the father-son power tussle.
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