What role does Catherine Wu play in the CDL family power struggle?

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Catherine Wu's Role in the CDL Power Struggle

Catherine Wu is identified as a board adviser to a subsidiary of City Developments Ltd (CDL). Her involvement in the company's affairs has become a significant point of contention, leading to accusations of interference and the wielding of excessive influence by Sherman Kwek, the son of CDL's executive chairman Kwek Leng Beng. Sherman Kwek stated that attempts to address the situation involving Ms. Wu were handled with sensitivity due to her long-standing relationship with the Chairman, but these efforts ultimately proved unsuccessful.
Accusations of Interference and Influence

Sherman Kwek has publicly stated that Catherine Wu has been "interfering in matters going well beyond her scope" and that she "wields and exercises enormous influence." These actions have reportedly caused concern among directors. While the specific details of her interference and the extent of her influence are not elaborated upon, Sherman Kwek's comments suggest that Ms. Wu's activities extended beyond her defined advisory role within a CDL subsidiary.
Relationship with the Chairman

The sensitivity surrounding Catherine Wu's position is directly linked to her "long relationship with the Chairman," Kwek Leng Beng. Sherman Kwek indicated that this personal connection complicated efforts to manage Ms. Wu's alleged interference. Despite these sensitive approaches, the situation was not resolved, contributing to the escalating tensions within the company's leadership.
Removal from Millennium & Copthorne Board

Sherman Kwek has defended his actions in removing Catherine Wu from the board of Millennium & Copthorne, a subsidiary of CDL, describing the move as "necessary" for CDL's interests. This decision appears to be a direct consequence of the perceived overreach and influence attributed to Ms. Wu. He further asserted that the majority of directors would continue to uphold corporate governance and accountability following this action.

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What role does Catherine Wu play in the CDL family power struggle?

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