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Did LKY stole billions from taxpayers?

TeeKee

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Coffeeshop Chit Chat - Temasek and GIC had already decoupled fr Subscribe

From: makapa Sep-9 10:58 pm
To: ALL (1 of 5)
20708.1
http://forum.channelnewsasia.com/viewtopic.php?t=278350&start=0



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bangali



Joined: 17 Mar 2009
Posts: 489
Location: प्यार प्रेम मुझे तुम्हारी याद बहुत आत
Posted: Thu Sep 10, 2009 8:51 am Post subject: Temasek and GIC had already decoupled from Singapore
I find it strange that people keeps talking about Temasek and GIC, in my view they are a separate entity, there is no longer any link with the citizens. For example,
1) Minister of finance cannot interfere with what Temasek & GIC is doing.
2) Temasek and GIC didn't give any income to Minister of finance.
3) if Temasek or GIC made 100 billions profit in a year, citizens and govt will not gets a single cents.
4) Temasek and GIC pay handsome salaries and bonuses to their elite staffs
5) Temasek and GIC will continue its present operation for the next 30 years.
6) Temasek and GIC will not subsidize citizens medical or other expenses
7) Temasek and GIC will not subsidize ERP, road tax or COE
Temasek and GIC do not need to hold annual meeting where citizens can question them.
9) I do not see citizens benefiting from Temasek and GIC in the next 30 years

so forget about this two organizations, they are already a private company, don't dream about getting anything from them.


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Boliao

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Unlimited capital, zero transparency, absolutely no accountability required, no pay back needed.. Singapore absorb all loses, cronies get fat bonuses if they make money..

Father and wife maintain separate gambling funds with cheque issued by the son..

What's not to like?
 

Cestbon

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Unlimited capital, zero transparency, absolutely no accountability required, no pay back needed.. Singapore absorb all loses, cronies get fat bonuses if they make money..

Father and wife maintain separate gambling funds with cheque issued by the son..

What's not to like?

Ha ha ha. Some quote " Win belong to me Lose is yours"
 
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