Tee International said in a March 15 regulatory filing that it has made several enhancements to its compliance, risk management, and internal controls amid an ongoing investigation into its former group chief executive Phua Chian Kin for allegedly stealing company funds.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...