Since it was revealed in Parliament on Monday that the PAP Town Councils have invested a total sum of S$16 million dollars in the structure-linked products, there was a huge furore in cyberspace with many netizens lambasting the Twon Councils for their misjudgement and there were demands for their accounts to be checked.
In spite of the huge interest in this issue, the mainstream media has been curiously silent on the views of Singaporeans.
According to a Straits Times report, Ang Mo Kio-Yio Chu Kang Town Council has invested a total sum of S$1.5 million dollars in the credit-linked products.
On 20 November 2008, The Singapore Enquirer visited Ang Mo Kio Central and asked the residents there directly on their views.
We approached 52 people, out of which 20 agreed to be interviewed.
Watch the 9 minute video interview of 5 Ang Mo Kio residents here:
http://wayangparty.com/2008/11/21/v...dents-on-town-councils-loss-of-sinking-funds/
In spite of the huge interest in this issue, the mainstream media has been curiously silent on the views of Singaporeans.
According to a Straits Times report, Ang Mo Kio-Yio Chu Kang Town Council has invested a total sum of S$1.5 million dollars in the credit-linked products.
On 20 November 2008, The Singapore Enquirer visited Ang Mo Kio Central and asked the residents there directly on their views.
We approached 52 people, out of which 20 agreed to be interviewed.
Watch the 9 minute video interview of 5 Ang Mo Kio residents here:
http://wayangparty.com/2008/11/21/v...dents-on-town-councils-loss-of-sinking-funds/