This is what happened.
1) JYM Pillay, Singapore's long term stalwart was removed in putsch in MAS by Koh Beng Seng as MD. Koh Beng Seng head grew big and found his place. HPL began soft launch but did not extend it to shareholders. They complained. Koh Beng Seng approached GCT on an official basis. GCT had not choice but to launch and investigation and the Lee clan was confronted. Investigation revealed that Lee Clan and those with Lee & Lee were not only in the soft launch but given pick of the best units. Worse still, LHL and wife got more than double the discount. Old man's brother was a Director in HPL.
2) A Parlimentary Inquiry was held and the infamous "2 eggs in the Kway Teow" argument was used by old man. Dhanabalan gave his all time supreme performance of painting old man as God and should not be doubted.
3) Koh Beng Seng was asked to leave the Govt despite having years before retirement and went to work in Bangkok. It was a lesson to all civil servants not to get too smart.
4) JYM Pillay was recalled from exile in London as High Commissioner and given SGX Chairmanship.
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Thank you for elaborating on this saga.
Interesting points observed:
1. GCT didnt show courage in handling LKY and LHL because what transpired appeared dubious.
2. If LKY was given two eggs in his ckt which he didnt pay for, as an office holder, was he obliged to declare it? If he kept quiet and he received the extra two eggs, it's tantamount to receiving a bribe.
3. Shd OBS be charged for attempted bribery for giving two eggs to a poltical office holder?
4. If LKY and LHL were offered a discount which no one else gets, isnt that dubious?