YuuZoo riddled with contradictions

ON July 6 and 7, YuuZoo Corporation issued three announcements responding to my two commentaries published in The Business Times on issues relating to its corporate governance, disclosure and accounting (YuuZoo Corporation: A Governance Nightmare on July 5 and YuuZoo: More Troubling Issues on July 6).

Its first announcement addressed my comments on the appointment and cessation of the company secretary, and the possible self-review threat and conflict of interest in having the company secretary and the compliance adviser from affiliated firms.

While I do not agree with YuuZoo's responses, my views on these issues have more to do with the spirit of …