• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

CPIB assistant director charged with fraud, S$1.7m

Charlie99

Alfrescian (Inf)
Asset
I hope to be wrong here but something inside me tells me this chap could emulate TCW. I pray he won't. For the sale of his family.

I am also concerned that the accused, if found guilty, and sentenced to a long term in Changi, could take himself out of this world.
 

Charlie99

Alfrescian (Inf)
Asset
I gave up on my CPF $$$$$$ many years ago. The many times they changed goalposts tell me something may not be right. The only way to get your CPF is to surrender your IC while still alive.

The amount I may have in my CPF account is negligible, because I worked in SG for about 5 months (minus the month I spent at SATO), after graduation, before I left SG. May be less than $1,000.00.
 

GoldenDragon

Alfrescian (Inf)
Asset
Who?
Sorry, that I missed the earlier part or post(s).

Was referring to a junket known as Ngeow Cher who was very upset he did not get CRA's approval for a junket license to operate at our 2 casinos. His response? Bought a ship, renovated it and now uses it as a casino stationed in international waters off Batam.
 

GoldenDragon

Alfrescian (Inf)
Asset
If that is the case, then the Director of CPIB is equivalent in rank to a SAC in the SPF?

ET should be DC equivalent now. He was SAC equivalent at least 4-5 yrs ago. A posting in Prisons and he would have completed the Home Team cycle - SPF, ICA, CNB, ISD, SPS. I personally don't rule out ET returning to ISD as Director.
 

Merl Haggard

Alfrescian (Inf)
Asset
details of the sgd-denominated sgd5.44b financing of the mbs development and all coordinating banks and financial institutions and arrangers involved can be found here:

http://www.prnewswire.com/news-rele...r-marina-bay-sands-in-singapore-56798312.html


The loan of $5b plus you're talking about was arranged and packaged by DBS as lead manager in 2006 when William Weiner was still President of LVS.

By middle of 2008 construction work at MBS came to a complete standstill for about 8 months and that was when Sheldon personally came down to look for bailout.
 

Merl Haggard

Alfrescian (Inf)
Asset
Merl you seem to be very knowledgeable about this, I respect. Salute! Hope you made some money from this too. Cheers!

Joe, I'll be in Bangkok for 3 to 4 days.

For the convenience of shopping, do you recommend that I stay at the Eastin Grand Hotel or Siam Kempinski Hotel.

I used to stay at the Hyatt Erawan. Would these hotels be better than the Hyatt?

Also please recommend a good seafood restaurant, and I also like to buy some frozen crabmeat, prawns and lobsters back.

Thank you for assistance.
 

Charlie99

Alfrescian (Inf)
Asset
ET should be DC equivalent now. He was SAC equivalent at least 4-5 yrs ago. A posting in Prisons and he would have completed the Home Team cycle - SPF, ICA, CNB, ISD, SPS. I personally don't rule out ET returning to ISD as Director.

Is ET a SPF Overseas Scholar? Who is more senior NJH or ET? A senior person in the govt must like him?
 

winnipegjets

Alfrescian (Inf)
Asset
ET should be DC equivalent now. He was SAC equivalent at least 4-5 yrs ago. A posting in Prisons and he would have completed the Home Team cycle - SPF, ICA, CNB, ISD, SPS. I personally don't rule out ET returning to ISD as Director.

ET must be like Gestapo/KGB chief ...most hated by critics of the government. If WP forms next government, ET must go on trial for all the dirty stuff he did for the PAP.
 

winnipegjets

Alfrescian (Inf)
Asset
Was referring to a junket known as Ngeow Cher who was very upset he did not get CRA's approval for a junket license to operate at our 2 casinos. His response? Bought a ship, renovated it and now uses it as a casino stationed in international waters off Batam.

PAP will kowtow to him and beg him to stop if MBS suffers.
 

Narong Wongwan

Alfrescian (Inf)
Asset
ET must be like Gestapo/KGB chief ...most hated by critics of the government. If WP forms next government, ET must go on trial for all the dirty stuff he did for the PAP.

I hope I live to see that day and add my sputum on his fuckface when he is hung on a flagpole.
 

GoldenDragon

Alfrescian (Inf)
Asset
What was ET las rank at SPF?
AC?

I believe he was ASP when he was seconded to ISD in the mid or late 80s. He left ISD for SIR as a Supt or DAC. More likely the latter. From SIR, he went to CNB and then returned to ICA (previously SIR). Next posting was to CPIB. Chose CPIB over DC SPF 'offer' and I know the reason why. ET wants to be number 1 even if entity is smaller.
 

Merl Haggard

Alfrescian (Inf)
Asset
I'm not sure what you mean by "substantial"; is it at least 5%?
If yes, do you know which brokers/subsidiaries GIC uses: http://investors.morningstar.com/ownership/shareholders-major.html?t=lvs


Wasn't it US$2 billion?
http://www.sammyboy.com/archive/index.php/t-21843.html
Or was another US$3+ billion pumped in later on?

Anyway, if you are right, Bloomberg also seems to have lied in late 2008 when it said this:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a87XCYeeu1z4&refer=asia
"Las Vegas Sands, which owns the Venetian resorts in Las Vegas and Macau, said last month it has enough money to finish its Singapore casino without help from the city-state’s government after the company raised $2.1 billion."



Schwartz has since left the board of LVS in 2012 and I suspect that GIC might have taken their profits.

$2.1b is correct.....$5b was a typo error.
 
Top