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Archive for the ‘World’ Category
Staying Clean Not A Simple Matter in Some Countries

Staying Clean Not A Simple Matter in Some Countries

I read with amusement the letter written to the State Times by one Francis Cheng arguing that Singapore MNCs should be allowed to pay bribes as otherwise foreign competitors will gain an unfair advantage. Since state media gives it such prominence we can assume that it reflects the thinking of the PAP Government. Certainly Singaporean... 

Singapore’s government embroiled in domestic crisis management

Singapore’s government embroiled in domestic crisis management

Photo: East Asia Forum 2017 was a horrible year for Singapore’s government — and for Prime Minister Lee Hsien Loong in particular. It began with an open and vocal stoush with China. Late in 2016 the Chinese government confiscated millions of dollars’ worth of Singapore’s military hardware passing through the port of... 

Keppel’s senior executives involved in corrupt payments must return millions in ill-gotten gains

Keppel’s senior executives involved in corrupt payments must return millions in ill-gotten gains

Remuneration of senior management is pegged to company performance. Keppel’s senior executives must have collectively been paid additional millions over 13 years as a result of corrupt payments for their “stellar performance”. According to this Reuters report, the Temasek company had paid “US$55 million in bribes”... 



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