TR EMERITUS

The main stream media as well as some blogs have started to become TEMASEK Apologists. They argued that nobody could possibly know the problems of FTX in advance or how crook and fraudulent those young punks were. They listed all the Big Names funds which were also caught in this “unfortunate” fraud and lost tons... 

By now, I believe that almost all who are interested or care enough about our country must have read or heard that our sovereign wealth fund, Temasek has written down it entire investment of US$275 million or S$376 million in FTX. Those are real money, our collective hard-earned money and not some monopoly game money. I wonder... 

MAS has issued a statement saying that they didn’t blacklist FTX because it didn’t “actively solicit” clients from Singapore. I am extremely curious to know that if this is the case, why did Singapore end up as the SECOND MOST impacted country by FTX collapse according to the huge number of unique visitors...