LKY’s half truth: CPF fund manager GIC made 9.5% 25-year return in 2006
PAP has tried to conceal material information by disclosing meaningless figures, eg GIC 20-year returns in percentage instead of disclosing absolute numbers. One out-of-this-world figure was disclosed by LKY, chairman of GIC for 30 years, in 2006: “Over a period of 25 years to March 2006, the annual rate of return on the...
AGO and the importance of paperwork
It’s that time of the year when the cybernuts especially those from TRELand get their yearly free (They are cheapskates, juz like the ang moh tua kees) high from the Auditor-General’s report detailing cock-ups in the process and procedures of ministries and state agencies. For the rest of us, it shows “Efficiency? What...
Foreign Policy Quagmire
In recent days, the cracks that come with the death of a strongman politician liked LKY are showing. First, between the siblings and PM Lee Hsien Loong. And now, between Kishore Mahbhubani and Bilahari Kausikan. Kishore backed by Dr Yap Kwong Weng & Marcus Loh, and Kausikan by K Shanmugam. Kishore wrote an article in ST;...
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- Caoliangoh on Pakistan to nuke Israel if…
- Pandora’s box on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- Liar on Pakistan to nuke Israel if…
- unprovoked aggression on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- PAP mandate strong on Pakistan to nuke Israel if…
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