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OK, that could have been illegal. I was thinking if there was a law against AIM being in private hands - that would not have gotten past parliament.
Not sure whether there is any law against Political Parties owning companies. Probably not. Ravi Philemon has raised this question in an article ACRA and ROS should also clarify on the AIM-PAP saga. It will be of public interest for the PAP to reveal how many companies they currently owned? What were the purposes for these entities? How many of these were / are still receiving contracts from public bodies.
So you think that this "let the MND review this" thing is also a way to deflect against the charges of illegality?
I think the PM is already treating this as “Not Illegal”. Hence, it is a “review” and not an “investigations”. In any case, the govt is buying insurance against any possible adverse outcome with this sentence in MND’s statement – “Town Councils are autonomous bodies managed by elected Members of Parliament and governed by the Town Councils Act which MND administers.” Any wrongdoing has nothing to do with the govt or the PM.
Is it possible that WP will keep quiet because this situation is so fucked up that it will damage the PAP immensely without them opening their mouths? Pretty sure though we will be hearing no end of this during 2016.
WP is raising this issue in Parliament next week. Whether they will keep up the pressure or not is anybody’s guess, considering the fact that they were sitting on this for the last 18 months.
I have a feeling that WP was baiting PAP on this all along. Knowing full well that there will be a report card on TC management sometime in the future, it was likely that they were waiting for PAP to strike first before hitting back.
I would think that they still have lots of info that they are not releasing just yet. Just wonder if they have anticipated PM’s call for a review?