Are company directors trustees of the company? Trustees have
trustee responsibility according to dictionary but now it would
look like in Singapore trustee directors could engage themselves in
buying their own company property during pre-launch encouraging
people from buying back door from the directors.
Our GLCs are now run as if all the directors could do as they like
just like the ministers putting up motion to give themselves pay
rises to no end.
The NKF revelation is only the tip of the iceberg as mentioned by
many forumers. Below the look-good presentations, there exist many
power games and power plays which defy rule of laws and dictionary
meanings.
This and many other issues now await the citizens to address them
one by one now with the latest practices of ministers giving
themselves any pay rise they like depending on their power over the
MPs and parliament which are totally under the control under
appointment powers and the party whip.
It has been revealed in some forums that ministers' retirement
gratuities or pensions are now payable not upon retirements but
while ministers are still keeping their ministerial posts.
So, in Singapore, all the meanings of words especially monetary
words seem to have taken on new connotations or meanings depending
on one's power.
what should be the dictionary meaning of retirement or pension
now?
