Yesterday he said there is no need to guarantee any bank saving because the country is strong and doing well, only those country that are having trouble need to give guarantee.
Today they announce that they will guarantee all Singdollar and foreign currency deposits of individual and non-bank customers in licensed banks, finance companies and merchant banks.
As the no.1 man that is in-charge of finance, how come yesterday he say no need, but today he does it?
Does that shows that he has no decision making power? He is only acting on order?
As the Head, he doesnt even know that they are going to give guarantee, so he give a speech the day before trying to convince people there is no need to do so?
A $2m puppet is kinda expensive.
Today they announce that they will guarantee all Singdollar and foreign currency deposits of individual and non-bank customers in licensed banks, finance companies and merchant banks.
As the no.1 man that is in-charge of finance, how come yesterday he say no need, but today he does it?
Does that shows that he has no decision making power? He is only acting on order?
As the Head, he doesnt even know that they are going to give guarantee, so he give a speech the day before trying to convince people there is no need to do so?
A $2m puppet is kinda expensive.