Somehow PMO came to mind when thinking of the 'excess' in Temasek. Why need two DPMs and a Minister in PMO when we are such a small country?
Khoo (corporate affairs director Serena Khoo) said Poa (NSP secretary-general Hazel Poa) was "mistaken" about the expense on two counts: The group administrative expense was $7 billion last year and not $8 billion, which was reported for the year before.
According to Temasek's group income statement, its administrative expense was $8 billion in 2009, $8.7 billion in 2010 and $7.3 billion in 2011.
In a statement to the press on Monday, Poa compared Temasek's and GIC's rates of return per annum with rates from the CPF. She argued while Temasek Holdings claims yearly returns of 15 per cent over 20 years, CPF only pays out 2.5 per cent.
In a letter sent to the media clarifying a Straits Times report, corporate affairs director Serena Khoo said Temasek does not manage or invest any money from the Central Provident Fund (CPF) or Singapore's foreign reserves.
Somehow PMO came to mind when thinking of the 'excess' in Temasek. Why need two DPMs and a Minister in PMO when we are such a small country?
hi there
1. gd, the new bro shares the same nick with 3 other old timers hoh.
2. tonny, jah & drift.
3.
Bro GoldenDragon,
If I remembered correctly, there was a time where there are as many as NINE ministers in the PMO. :*:
Bro, I don't recall that. Imo, three is far too many already. Having a DPM is fine. Just in case PM is needed in heaven or hell. 9 is obscene.
Bro GoldenDragon,
That was before that 2011 election. Of hand I could remember the rest. Maybe somebody can help fill in the missing ones or made necessary amendment. :p
1. Pinky
2. Old fart
3. Wooden spoon
4. Ah Neh Prof DPM
5. Kartek Wong Cunt Sink DPM
6. NTUC Cry baby No casino Lim
7. See CPF so happy Lim Siah Suay
8. Minister of state Temasek Lim Hwee Hwa
9. One more...
Go to page 2 of this: http://www.mof.gov.sg/budget_2010/revenue_expenditure/attachment/27 PMO EE2010.pdf
Bro GoldenDragon,
If I remembered correctly, there was a time where there are as many as NINE ministers in the PMO. :*:
There was one without portfolio in that office for THREE DECADES right? & suddenly remembered he had a Christian name & a God!..what a joke!, don't forget to cry, you guys!:p
Thanks bro. Now I recall. PMO could have functioned without 6-7 of these jiakliaobees. Clear case of taxpayers' money being misused and abused.
He was very lucky. Could have created history. Not Palmer. But no secret squirrel to expose him. It was a cover-up alright. His relationship with his partner can be considered more damaging than NBG and CS. What an honest govt we have. Wonder what KBW would say on Ah Lim's steal eat with subordinate.
There was one without portfolio in that office for THREE DECADES right? & suddenly remembered he had a Christian name & a God!..what a joke!, don't forget to cry, you guys!:p
He was very lucky. Could have created history. Not Palmer. But no secret squirrel to expose him. It was a cover-up alright. His relationship with his partner can be considered more damaging than NBG and CS. What an honest govt we have. Wonder what KBW would say on Ah Lim's steal eat with subordinate.
Bro GoldenDragon,
That was before that 2011 election. :p
1. Pinky
2. Old fart MM
3. Wooden spoon SM
4. Ah Neh Prof SM
5. Kartek Wong Cunt Sink DPM
6. What do you think Teo DPM
7. NTUC Cry baby No casino No portfolio Lim
8. See CPF so happy another no portfolio Lim Siah Suay
9. Minister in PMO Temasek Lim Hwee Hwa
Go to page 2 of this: http://www.mof.gov.sg/budget_2010/revenue_expenditure/attachment/27 PMO EE2010.pdf
Global initiative. Because some idiot on the other side wants to speak to an MD rather than an Assistant General Manager.
Wow no wonder is such a well managed company...
Sibei ho tarn man. Wonder what they do everyday in office? :*:
Bro GoldenDragon,
Can share share juicy details boh?