
Zilingo’s turmoil highlights an apparent lax internal corporate governance culture that’s not uncommon in the start-up industry. For two years, the company failed to file annual financial statements, a basic requirement for all businesses of its size in SingaporeZilingo’s turmoil highlights an apparent lax internal corporate governance culture that’s not uncommon in the start-up industry. For two years, the company failed to file annual financial statements, a basic requirement for all businesses of its size in Singapore