
Alternative daily news (59) Losing $313B of our CPF?
Malaysian pension fund declares record payout I refer to the article “Malaysian pension fund declares record payout” (Straits Times, Feb 17). Malaysia’s EPF paid 6.35% It states that “Malaysia’s pension fund has declared a dividend rate of 6.35 per cent for the financial year ending Dec 31, 2013, making it the biggest...

Over 10 years of omissions in PA’s financial statements
The People’s Association (PA) has had the ratings of “adverse opinion” given to its annual audits by its auditors for the years 2008 to 2011, reported website TR Emeritus. However, The Online Citizen has viewed the annual reports of the People’s Association (PA), from the years of 2001 to 2010. In all these years, the...

AHPETC – A battle for transparency and propriety
Ng Eng Hen is furious with the poor verdict of Transparency International on how his ministry spent money on the purchase of weapons. TI ranked Singapore together with Afghanistan and Iraq, in another word, our integrity in procurement is at the same level at these 3rd World countries, or at least in the Defence Ministry. The...
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