reddressman SG Hi, Renci is Charity is being probed or has been probed. Rightly so. Given that it is funded by the People's donations. GIC, I am not so sure, what is it all about. Its wonderfully developed website states as overview "GIC is a global investment management company established in 1981 to manage Singapore's foreign reserves..." My humbo quesdian is dis: Where does foreign reserves come from? How is it funded? This is a question only. I have no answers at all. Unless, you think you have.
kramnave SG The foreign reserves in my wallet came from buying foreign currency from the money changer with Singapore dollar.