In this last series at Whampoa, The Singapore Enquirer notice a much higher support for the Town Council. In fact, some residents even dismiss the Town Councils' loss as 'less than 0.1 % !!'
Watch the 7 minute video interview here:
http://wayangparty.com/2008/11/23/v...dents-on-town-councils-loss-of-sinking-funds/
Selected quotes from Whampoa residents:
“Do you think they (Town Council) will open their account for you to see ? This is the problem.” (in mandarin)
“You know this time you are busy with your own life and all, just let them (Town Councils) handle everything.”
“The loss is minimal…. A few million dollars compared to their few hundred million dollars in their funds is below like 0.1%.”
“If you invest, you should let the residents know first and not only now after you made a loss….They (Town Councils) should open their account books for us to see, we don’t know what they are doing at all” (in mandarin)
“The sinking funds should be put in banks as it is more safe, as for investments, there will be risks involved.
Watch the 7 minute video interview here:
http://wayangparty.com/2008/11/23/v...dents-on-town-councils-loss-of-sinking-funds/
Selected quotes from Whampoa residents:
“Do you think they (Town Council) will open their account for you to see ? This is the problem.” (in mandarin)
“You know this time you are busy with your own life and all, just let them (Town Councils) handle everything.”
“The loss is minimal…. A few million dollars compared to their few hundred million dollars in their funds is below like 0.1%.”
“If you invest, you should let the residents know first and not only now after you made a loss….They (Town Councils) should open their account books for us to see, we don’t know what they are doing at all” (in mandarin)
“The sinking funds should be put in banks as it is more safe, as for investments, there will be risks involved.