Dear Sir / Madam,
Further to my Nov 5th email below, as I have not received any reply from your town council, I am following up on this matter.
I am a resident of the Town Council which you chair. In light of the recent revelations in Parliament about certain Town Councils having exposed their sinking funds to troubled structured products that may now be worthless, I would like to ask for details on how the funds that have been collected from residents over the years are being invested.
Specifically, I would like to request for the following information:
1) Full and transparent disclosure of all investments currently held by the Town Council (whether they are structured products, stocks, bonds, fixed deposits or others), made using sinking funds
Read full article here:
http://wayangparty.com/2008/11/26/t...o-request-for-full-disclosure-of-information/
Further to my Nov 5th email below, as I have not received any reply from your town council, I am following up on this matter.
I am a resident of the Town Council which you chair. In light of the recent revelations in Parliament about certain Town Councils having exposed their sinking funds to troubled structured products that may now be worthless, I would like to ask for details on how the funds that have been collected from residents over the years are being invested.
Specifically, I would like to request for the following information:
1) Full and transparent disclosure of all investments currently held by the Town Council (whether they are structured products, stocks, bonds, fixed deposits or others), made using sinking funds
Read full article here:
http://wayangparty.com/2008/11/26/t...o-request-for-full-disclosure-of-information/
