Despite being issued an International Criminal Police Organization red notice, MFT Group of Companies chief executive officer Maria Francesca Tan, whose current whereabouts remain unknown, is staying firm on her resolve to settle its case with the Securities and Exchange Commission and address obligations with creditors, according to Philstar Biz.
Tan, also known as Mica, has publicly stated her commitment to resolving the regulatory issues and repaying creditors, even as international authorities seek her arrest. The SEC case stems from alleged violations related to the company's financial dealings.
The MFT Group operates in multiple sectors including retail and real estate. The company has been working on a settlement plan with the SEC, though no timeline has been announced. Tan's exact location has not been disclosed, but she continues to direct the company's legal efforts.