Where or how did Indian FTrash Sinhar get the extra funds?

[makapaaa]

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Coffeeshop Chit Chat - Can YPAP Sinha afford to own 2 property?</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt_89 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>9:40 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 16) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>35216.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>This was sent to me from a bro:
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First of all, in reference to [URL="http://www.jobsdb.com.sg/SG"]http://www.jobsdb.com.sg/SG/<!--<WBR />-->EN/Search/FindJobs?Key=<!--<WBR />-->therapist&SearchFields=<!--<WBR />-->Positions&JobCat=0&KeyOpt=<!--<WBR />-->COMPLEX&JSRV=1&RLRSF=1[/URL]

Basic requirement :Recognized Diploma/Degree in Physiotherapy/Occupational Therapy or equivalent

In reference to [URL="http://socialservicecareers/"]http://socialservicecareers.<!--<WBR />-->com.sg/therapist.asp?<!--<WBR />-->profession=speech-<!--<WBR />-->languagetherapists[/URL]

Diploma qualification start between $1,600 to $1,800.
Those with a Degree in the appropriate discipline enter the profession at $2,000 to $2,400.
Not sure which category Sinha falls under, but since he claim to be head of rehabilitation, he should have a diploma or degree.

In reference to [URL="http://www.amkh.com.sg/pdfs"]http://www.amkh.com.sg/pdfs/<!--<WBR />-->Annual_Report_2009.pdf[/URL]

As at 2009, AMK-THK hospital has 272 employees.
3 people earn 100k to 150k per year
1 person earn 150k to 200k
1 peron earn above 200k

Staff costs is at about $1.4 million.

Unless AMK-THK hospital is playing some kind of accounting gymnastics, I am unable to see, how AMK-THK hospital would be able to pay salaries at market rates, seeing that it is a non-profit organisation.
<HR>
So in conclusion,

From news reports,
1. He is 41 years old now.
2. He has been a Singapore citizen for 17 years ( in 1994) at 25years old
3. He owned a resale flat (purchased with a bank loan) for 9 years before purchasing a Condo unit.

We do not know when he purchased the Condo or the HDB flat, but if assuming he purchased the Condo in 2009/2010, that would mean he bought the HDB flat in year 2000/2001, which is during the dot.com bubble burst.

But since he mentioned that income from rental is lower than his bank loan, we can safely assume he bought between the year 1995 to 1999 which is a period of growth and it would mean he bought at a higher price with high interests.

In the year 1995/1999 he would be about 26/30 years of age,

At age 26 or 30 years old, assuming he didn't start as a Head of Rehab in AMK-THK hospital;
There is no way someone on his own, earning $1,600 to $1,800 or $2,000 to $2,400, can purchase a HDB flat with a bank loan, unless it's a 3 room flat.
There is no way a non-profit organisation will fork out the maximum of $1800 or $2400 as they have to keep costs very low.

And the percentage of the salary he earned would also be needed to pay for utilites, his children's school fees, food and transport fares, etc.

So, there is now way, he can purchase a Condo with another bank loan, while servicing an existing bank loan with those salaries.


Assuming his wife is sharing the financial burden or he is from a rich family....we have no case.

But if he is the sole breadwinner....we have to question...where did he get the additonal funds to get a second bank loan to purchase the Condo?

Or are we to believe he has been the Head of Rehabilitation for the past 9 years earning a minumum of $3,000/mth.

I have yet to see anyone, short of top management and doctors, in non-profit organisations being paid salaries until they can afford 2 properties.

So, again...where or how did he get the extra funds?



</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt width="24%" noWrap> Options</TD><TD class=msgrde width="50%" noWrap align=middle> Reply</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

 

[makapaaa]

<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>funnyz <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>10:30 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>kojakbt_89 <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (4 of 16) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>35216.4 in reply to 35216.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Bro, I think you are missing the point here. Whether this YPAP Sinha can afford to own 1 or 2 properties is his business, as long as he play within the rules of game.
The main point that we should be asking is why the govt allows such people into the country to milk the system when a fellow local bred comrade could have easily fill up the occupational therapist work, isn't it? However, one thing for sure, I will boycott all such charity shows. I would rather give $10 to a local old woman collecting rubbish on the street.
Come to think about it, even those friends of mine who are stauch supporters of PAP are feeling disgusted about their pro FT policy now. But whether will this translate into oppositions' votes remain to be seen.
I just hope the newly formed parties (USD/SF) are thinking correctly. And of course, the SDP too. Hopefully no more fighting for Burmese or Vietnamese fuck shit from them.
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[makapaaa]

Back to the fundamental question:
WHAT ARE YOU DEFENDING?​

 

[manokie]

Bilk

–verb (used with object)
1.
to defraud; cheat: He bilked the government of almost a million dollars.
2.
to evade payment of (a debt).
3.
to frustrate: a career bilked by poor health.
4.
to escape from; elude: to bilk one's pursuers.

 

[scroobal]

This is not going anywhere. If you plan well, you should be able to be in his position as well.

 

[Watchman]

35216.4 in reply to 35216.1
Bro, I think you are missing the point here. Whether this YPAP Sinha can afford to own 1 or 2 properties is his business, as long as he play within the rules of game.
The main point that we should be asking is why the govt allows such people into the country to milk the system when a fellow local bred comrade could have easily fill up the occupational therapist work, isn't it?

Are they called FTs which poly graduates cannot have ?


The Idea is FUCK Singaporeans's life up badly so that they can get these people in to vote for them time and again !

when Singaporeans are jobless they are harmless .

I think the previous Emigration head under fire now .