Do MPs here serve as directors in Local companies as well?

tspg SG

Originally posted by miong:
Why of course, senior MPs and ministers are [b]ALL holding directorships especially in GLCs.

Most long serving MPs become millionaires by the time they retire.

In fact a recent report in newspaper mentioned specifically that MPs are in big demand as board directors.

Do you seriously think MPs work for our sakes? MPs kissing babies and sweeping HDB voids decks are just part of charade concocted by cunning politicians running this country.[/b]

If you think it is such a cushy job, why dun you take part in the next election and become MP yourself ?

Joshua1975 SG

yes not oni one, some even have 13 directorships to be exact
http://www.sgforums.com/?action=thread_display&thread_id=84204

robertteh SG

Is it of any use to legislate supervisory directors for listed companies,

If the 3.0 millions lost by Asia Pacific Brewery cannot be discovered on time,

If SIA' s account executive who pocketed millions cannot be unveiled in accountable and transparent processes these supervisory directors are supposed to introduce.

Begin with doable work processes,

Corporations and government departments will be better supervised.

Without paying millions in directors' fees.

robertteh SG

How do we prevent MPs acting as directors of private companies to use insider knowledge from various ministries they are involved in for private sector purposes? Isn’t this amounting to irregularities under official secret regulations?

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