Transparency and accountability needed in GIC and Temasek

robertteh SG

If people do not have their views candidly and objectively given in public forum etc, the same old problems with NKF will simply be mulled ovoer or explained away.

It is so easy to use many methods to explain away problems like the NKF because there are so many ways to look at the whole episode as elaborated by me in earlier views.

Creative accounting could easily mull over serious problems.

Let us hope that after the people now give their candid and objective views and opinions the final outcome will be more transparency and accountability in the whole government including GIC and Temasek which have even greater potential for creative accounting.

I-like-flings(m) SG

x2 Wink

sir_peanuts SG

not many people know that the current chairman of GIC is Lee Kuan Yew, and the vice-chairman is Lee Hsien Loong.

yappiegummie SG

So what if you know ? What can you do to him ? The whole family is in either directly or indirectly.
They have the whole country economy in their hand.

meleagent SG

The country is now engulf in a wave of hysteria. The masses are asking for transparency and accountablity. Lets not stop at NKF. Let the movement spread. We need to know more about the ongoings in entities such as CPF Board, HDB, GIC and full disclosure of ministers pay.

robertteh SG

The First repent: Do not use surpluses or monies as goodies to buy votes. Be natural and let all Singaporeans not just those who vote for them benefit from their own surpluses or monies without all the CDC or RC gerrymandering to gain their votes.

oxford mushroom SG

Khaw Boon Wan’s criticisms of the way NKF has been run, particularly the lack of transparency, are well founded. Now if he will extend those criticisms to Temasek Holdings and GIC…

yappiegummie SG

Dreaming ?

BillyBong SG

We have to be realistic.

The NKF scandal only broke out because one man's arrogance blinded his good judgement.

Unless a similar incident occured within the confines of a govt board, else it will be difficult to demand greater transparency.

One is a charitable organisation where the board are made trustees of public monies. The other is a govt run corporation using taxpayers' dollars.

dragg SG

this is the last thing that will happen.

Ito_^ SG

where is dat salman guy arh?

lighthand SG

I know it's christmas, but Come On! Give Santa a break, this kind of wish how to come true?? Laughing

dragg SG

i heard santa worked full time in manufacturing. he just got retrenched.

Mr. Green

durai SG

3 cheers!!!

durai SG

3 cheers!!!

I-like-flings(m) SG

that's 6 cheers already.. u are really dreaming right? Mr. Green

SnowFlag SG

u all will be hoping that u r dreaming when the secret service arrests u under ISA for whatever creative reason they can think of. Mr. Green