The online debate between Singapore’s foreign minister George Yeo and opposition politician Dr Chee Soon Juan rages on in Facebook.
As to Dr Chee’s queries on Temasek’s performance, George Yeo replied:
“As for Temasek, it has done well against the market which was fully explained in Parliament complete with stats. Ho Ching wanted to step down but unfortunately the succession did not work out. So I suppose Temasek will have to go head hunting again.”
George Yeo is simply regurgitating the official reply from the Ministry of Finance which was widely publicized by the state media.
The statistics provided by the Finance Minister Tharman did not include the amount of funds Temasek had received from his ministry or the exact figure of the losses incurred from the purchase and subsequent sale of Shin Corp, ABC Learning, BOA and Barclays.
Read rest of article here:
http://temasekreview.com/?p=11915
As to Dr Chee’s queries on Temasek’s performance, George Yeo replied:
“As for Temasek, it has done well against the market which was fully explained in Parliament complete with stats. Ho Ching wanted to step down but unfortunately the succession did not work out. So I suppose Temasek will have to go head hunting again.”
George Yeo is simply regurgitating the official reply from the Ministry of Finance which was widely publicized by the state media.
The statistics provided by the Finance Minister Tharman did not include the amount of funds Temasek had received from his ministry or the exact figure of the losses incurred from the purchase and subsequent sale of Shin Corp, ABC Learning, BOA and Barclays.
Read rest of article here:
http://temasekreview.com/?p=11915
