The newly minted Minister in the Prime Minister’s office, Ms Lim Hwee Hua has spoken out in defence of Temasek Holdings.
“We have to ask ourselves if transparency is an end in itself, or if it is the means to an end,” said the Minister in the Prime Minister’s Office to Petir. “If all our cards are revealed in pursuit of complete transparency, does that serve the purpose of having Temasek and the Government of Singapore Investment Corporation manage the reserves well? The goal is really to value-add for all stakeholders.
“It is reasonable for people to ask questions, but ultimately the government holds the responsibility for deciding how much to reveal in our best interests.”
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http://temasekreview.com/?p=11900
“We have to ask ourselves if transparency is an end in itself, or if it is the means to an end,” said the Minister in the Prime Minister’s Office to Petir. “If all our cards are revealed in pursuit of complete transparency, does that serve the purpose of having Temasek and the Government of Singapore Investment Corporation manage the reserves well? The goal is really to value-add for all stakeholders.
“It is reasonable for people to ask questions, but ultimately the government holds the responsibility for deciding how much to reveal in our best interests.”
Read rest of article here:
http://temasekreview.com/?p=11900