Re: Yang Yin : "Money, I love you!"
Any comments Intan Azura? :oIo:
Source:
TR EMERITUS
September 20th, 2014 | Author: Editorial
The Chinese media yesterday (19 Sep) reported that on an application form filled in by former PRC tour guide, Yang Yin, he stated that his highest qualification attained is “Certificate of the Bachelor’s Degree” and he graduated from the “University of Financial and Trade Beijing China”.
Furthermore, he wrote that he graduated in July 2009, the same year that Mr Yang entered Singapore to work as a CEO of the company he set-up with 87-year-old widow Chung Khin Chun:
According to ACRA records [
Link], the company, Young Music & Dance Studio Pte Ltd, was incorporated on 25 March 2009. Its principal activity is listed as “Music & Dance School”. The paid-up capital is only $10,000 with Mdm Chung holding 1,000 shares and Mr Yang 9,000. Both of them are listed as directors of the company. The company address is registered at Mdm Chung’s bungalow .
It was revealed that Mr Yang managed to obtain an Employment Pass through the company. To qualify for an Employment Pass (EP) in 2009, a foreign worker in Singapore had to be paid at least $3,000. Presumably, the company was making at least $3,000 a month in order to pay him his salary. If not, the $10,000 paid-up capital in the company would have run out after a few months of operation. The company would then have needed to get external loans in order to carry on its operations if the revenue earned was not enough to cover his salary and other expenses.
Mr Yang eventually became a PR some time around or after 2011. He was said to have spent a lot of time participating in PAP grassroots activities and rubbing shoulders with PAP MPs and Ministers.
Earlier, Mr Yang confirmed with the media, “The company was incorporated so that I could run a business and obtain my Singapore permanent residency.”
Unknown university – “University of Financial and Trade Beijing China”
The Chinese media also reported that it can’t find any information about the “University of Financial and Trade Beijing China” on the Internet.
It also could not understand how Mr Yang could have obtained a degree in July 2009 when he had been frequently travelling between China and Singapore in the first 7 months of 2009:
Equally, TRE was also not able to find any information about the said university on the Internet.
The closest TRE can find is the Capital University of Economics and Business. This university was created out from the merger of Beijing Economics Institute and Beijing Finance and Trade Institute in 1995 [
Link]:
The Capital University of Economics and Business (CUEB), traces its roots back to 1956 when the Ministry of National Education founded the Beijing Economics Institute. In 1995, The Beijing government combined the Beijing Economics Institute and the Beijing Finance and Trade Institute creating Capital University of Economics and Business. CUEB is one of Beijing’s three key universities, the others being the Capital University of Medicine, and Capital Normal University.
However, note that in Mandarin, Beijing Finance and Trade Institute is known as “北京财贸学院” [
Link]. It did not use the term “University” (大学) but “Institute” (学院) instead. In any case, Mr Yang said he graduated in 2009 and this means the Beijing Finance and Trade Institute no longer exists.
Another close match to the university which Mr Yang has stated in his application form is the Beijing College of Finance and Commerce (北京财贸职业学院). However, this appears to be a vocational institute [
Link].
It’s not known if the application form which he had filled in with his academic qualification was meant for his EP, PR or other kinds of application.
If Mr Yang indeed uses the name of “University of Financial and Trade Beijing China” to apply for his EP or PR, MOM and ICA should check if this is, indeed, a qualified and valid university which is producing real “talents” Singapore needs.
End Of Article
