PAP’s kung fu with tax payers’ money (cont’d)
In response to SDP’s chairman’s views quoted in PAP’s kung fu with tax payers’ money. Even though Dr Tambyah says he reiterated that ‘it’s your money that went into this wheelchair’, his patient ‘refused to accept’ it. “This was a guy I’d been looking after for 10 years. He knew me. We got on with each...
The Deterioration Of Peoples’ Association
In 2014, PA budget was $665,222,779 and by 2018, their budget is almost $1 billion! I refer to the news online, pointing out the outrageous lapses at PA. [ LINK ] I know PA quite well, my friend's Philippines wife is working there. She does not have a recognised degree, some third tier university never heard of but after she...
Temasek should disclose hundreds of million$/billion$ paid out in ‘Wealth Added’ bonus from Alibaba investment
Temasek’s FY2018 annual report disclosed in footnotes Wealth Added (WA) bonuses paid for a single investment: Alibaba. With a market value of US$6.7 billion in Q2, Alibaba is Temasek’s biggest US-listed investment. Temasek was reported to have made US$300 million after divesting 7.3 million shares in Q4 2014. Subsequently,...
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