CPIB assistant director charged with fraud, S$1.7m

[GoldenDragon]

Bro GD,

You aware of this: can they make him sell his hdb flat to recover whatever is left?

Not au fait with such matters but imo, unlikely. He did not purchase his HDB flat with $$$$$ taken from the government. If any other items ascertained to be proceeds from crime, yes, they have the right to re-possess those items.

 

[GoldenDragon]

Either SHUT IT or RAISE Daily Entry Levy the raised to $250. Annual Levy 5000.

The amount you highlighted will not deter the die hards. Maybe they would but you have to multiply your amount by TEN.

 

[GoldenDragon]

In the early 70s or 80s, a Sillypore politician was found to be corrupted.
He was "forced to end his own life".
Guess who he is?

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.

 

[laksaboy]

The 2 casinos is the start of all these problems. The Government MUST CLOSE DOWN these two places. It has proven to be far too accessible for gamblers. Daily gambling kills!

Either SHUT IT or RAISE Daily Entry Levy the raised to $250. Annual Levy 5000.

Please, your beloved PAP govt loves the money those two casinos bring in.

And that levy thing, like taxation on cigarettes or ERP charges, is another source of additional revenue. Hardcore gamblers would purchase the annual entry pass without batting an eyelid. If you want to stop all locals from gambling at the casinos, prohibit their ability to turn cash into gambling chips. And shut down all moneylending shops and about 80% of all pawnshops islandwide. The problem will be solved overnight.

But no... that would be bad for business in Singapore Inc.

 

[GoldenDragon]

He seemed resign to whatever shit that will be given. No defence lawyer intended.

No point wasting money on a lawyer. He can always prepare his own mitigation but whatever is in the mitigation, imo, would be useless. His only plus is saving the court's time by not claiming trial. All others are against him. Most jialak is the timing of his case and the publicity given so soon after the Kovan case. Another jialak factor is his abuse and misuse of funds while in his appointment as AD, of all places, CPIB! This is machiam an AD of CNB churying drugs from CNB's safe.

 

[zhihau]

Cracks are appearing.

do we get to stop these kutus from leaving Singapore? or hang them by their balls?

 

[halsey02]

No point wasting money on a lawyer. He can always prepare his own mitigation but whatever is in the mitigation, imo, would be useless. His only plus is saving the court's time by not claiming trial. All others are against him. Most jialak is the timing of his case and the publicity given so soon after the Kovan case. Another jialak factor is his abuse and misuse of funds while in his appointment as AD, of all places, CPIB! This is machiam an AD of CNB churying drugs from CNB's safe.

The last part you mention, horror! I hope is a thought it would not happen! Just like the nightmare we are hoping that, it would not happen, one day they confess they have used our CPF for LONG TERM investments....& our next generation may get some of it... that is the kind of nightmare we are getting..it seems like nothing is sacred anymore..more holes in the 'dykes'...the 'wall' is crumbling...

 

[GoldenDragon]

The last part you mention, horror! I hope is a thought it would not happen! Just like the nightmare we are hoping that, it would not happen, one day they confess they have used our CPF for LONG TERM investments....& our next generation may get some of it... that is the kind of nightmare we are getting..it seems like nothing is sacred anymore..more holes in the 'dykes'...the 'wall' is crumbling...

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.

 

[enterprise2]

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.

They can always change the rule that when u surrender IC, u surrender your CPF also!!

 

[GoldenDragon]

They can always change the rule that when u surrender IC, u surrender your CPF also!!

So far so good. Friends who gave up their citizenship managed to get everything back.

 

[halsey02]

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.

That part I know, met an old colleague of mine, who had retired, who did that... came to SINgapore for holiday...from nearby!

 

[Yingge]

Peter Ong is Head of Civil Service. TCH is minister in-charge of civil service. Both failed!

His Immediate boss Eric Tan failed too!!! Failing to supervise...:(

 

[I_Hate_Pappies]

The amount you highlighted will not deter the die hards. Maybe they would but you have to multiply your amount by TEN.

They will have to place heavier bet in a bid to cover back the levy to make the trip worthwhile.

 

[GoldenDragon]

That part I know, met an old colleague of mine, who had retired, who did that... came to SINgapore for holiday...from nearby!

Irony of it all - those who left with all their CPF are the ones who don't need the $$$! They are wealthy enough even without their CPF. Ditto people who strike big in 4D are usually those already quite well-off.

 

[GoldenDragon]

His Immediate boss Eric Tan failed too!!! Failing to supervise...:(

IN "White House", their structure is such that there is a DD in-between ET and accused. DD Admin, I believe.

If ET failed, then PS PMO also failed?

 

[watchman8]

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.

Changing the cpf goal post was partly to pump up property market and beef up GIC and temasick. Old man desired respect from foreigners, and he realized that money talks, so he find ways to enlarge temasick and GIC to be his personal sandbox. Now all the worlds top bankers are sucking up to familee so that they can share a couple of toys in the GIC sandbox.

There's no going back on CPF goal post. It will spell the end of property market, and end up everyone becomes poor as hdb flats will go back to 2005 levels if people can take all cpf money out by 55 yrs old.

 

[GoldenDragon]

They will have to place heavier bet in a bid to cover back the levy to make the trip worthwhile.

Nowadays need not travel to Genting as a substitute. Ngeow Cher, a big time junket just started his cruise ship biz about 3 weeks ago and from what I heard, good crowd. Change 200-300, get refund for your ferry ticket. He was so upset CRA did not award him a junket license so now he is a rival of both MBS and RWS. His stable includes many big time gamblers. Tiger beer man was once his client.

 

[winnipegjets]

The 2 casinos is the start of all these problems. The Government MUST CLOSE DOWN these two places. It has proven to be far too accessible for gamblers. Daily gambling kills!

Either SHUT IT or RAISE Daily Entry Levy the raised to $250. Annual Levy 5000.

How dare you pledge your support of the PAP and then attack the casino policy, the key policy that brings in the billionaires? Without the billionaires, as LHL and SamLeong say, sinkapore will be in deep straits. When you love the PAP, you must accept the PAP in total. No pick and choose like the pasar.

 

[winnipegjets]

Nowadays need not travel to Genting as a substitute. Ngeow Cher, a big time junket just started his cruise ship biz about 3 weeks ago and from what I heard, good crowd. Change 200-300, get refund for your ferry ticket. He was so upset CRA did not award him a junket license so now he is a rival of both MBS and RWS. His stable includes many big time gamblers. Tiger beer man was once his client.

Good food on board?

 

[winnipegjets]

Irony of it all - those who left with all their CPF are the ones who don't need the $$$! They are wealthy enough even without their CPF. Ditto people who strike big in 4D are usually those already quite well-off.

They will rush back to sinkapore eventually as it is hard for them to adjust to the Aussie way of life.