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Singapore's Zilingo is said to suspend CEO amid investigation

The company, which supplies technology to apparel merchants and factories, had been trying to raise US$150 million to US$200 million with help from Goldman Sachs Group when investors began to question its finances as part of the due diligence process.

Its CEO Ankiti Bose has disputed allegations of wrongdoing and contends her suspension was due in part to her complaints about harassment.

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