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YOG overspend so wat? PM Lee says carry on what - Vivian

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Alfrescian
Loyal
Money spent on YOG was not wasted, says Vivian
Local firms benefited as 70% of budget went to those providing services for the sporting event
By Ong Hwee Hwee & Amresh Gunasingham

DR VIVIAN Balakrishnan yesterday defended the money spent on the Youth Olympic Games (YOG), saying that his ministry did not 'overspend, waste or squander' taxpayers' money.

In a rally speech, he disclosed how he went to see Prime Minister Lee Hsien Loong after he realised that actual spending would exceed the original estimate of $104 million three times over. A decision was made to cap spending at $387 million and the Ministry of Community Development, Youth and Sports - which he oversaw - ended up spending less than that.

Dr Balakrishnan was hitting back at criticism from the opposition Singapore Democratic Party (SDP) which has seized on the issue. The party has accused him of mismanaging the event held last August and challenged him to an open debate on the issue, which he has turned down.

The SDP is fielding its 'A' team to fight the People's Action Party's four-member team led by Dr Balakrishnan in Holland- Bukit Timah GRC.

Dr Balakrishnan had admitted in Parliament in September last year that his ministry got the initial estimates for YOG wrong. Yesterday was the first time he addressed the issue at a rally.

Speaking to supporters at an open field in Clementi, he talked about his recent encounter with undergraduate Thaddeaus Wee, who had quizzed him on the YOG budget.

Recounting what he told the young man, he explained that his ministry had underestimated the budget because it was the world's first-ever Youth Olympic Games and details were firmed up after Singapore submitted the bid.

He recounted how he went to see Mr Lee with the new estimates to seek for approval.

'He looked at me and he said: 'If you had known in November 2007 that the Youth Olympic Games will cost more than $300 million would you still have bid for it?' And I told him I would have bid for it even if I knew that price tag because it will make a big difference for young Singaporeans.'


Dr Balakrishnan reiterated how local companies benefited because 70 per cent of the YOG budget went to those providing services for the sporting event.

Singapore athletes also did the country proud, he said, by winning two silver and five bronze medals against world-class competition.

'But of course there are others who are entitled to their own opinions about whether or not it was a success,' he said. 'But I want to make this point that we did not overspend or waste or squander money which was properly budgeted for these Games.'

In his speech, he also reached out to young voters, sharing with the audience 'lessons young Singaporeans have taught me' - respect, fairness and opportunities.

Respect, he said, means listening to their concerns, hopes and fears. Fairness, he said, is to make sure that every Singaporean has a fair chance.

For example, the Government has made sure that every child, regardless of how poor his family is, has access to the best education possible.

The Government, he said, also needs to make sure that the younger generation has different choices and opportunities both in school and at work.

That is why he disagreed with the SDP's plan to phase out manufacturing as 'there are young Singaporeans of the future who will be good at manufacturing, in the same way that there will be others who will be good at services or business entrepreneurship'.

The other PAP candidates for the GRC also spoke at the rally, the second for the Holland-Bukit Timah team.

Incumbent Christopher de Souza hit out at the SDP's proposal to separate the unions from the Government, arguing that it would jeopardise the concerted efforts to create jobs.

Mr Liang Eng Hwa talked about how the SDP's plan to phase out manufacturing could cause irreversible damage to Singapore's manufacturing capability, while newcomer Sim Ann spoke on cultivating 'community spirit' among Singaporeans.

[email protected]
[email protected]
 

po2wq

Alfrescian (Inf)
Asset
... Dr Balakrishnan had admitted in Parliament in September last year that his ministry got the initial estimates for YOG wrong ...
ah loon said if wrong, muz apologize ...

u admitted dat u hv got it all wrong! ... y dun u apologize? ...
 

LeMans2011

Alfrescian
Loyal
1) "not my fault, ah loong approved it" (which probably is the case") - shouldn't both be sacked?

2) "its ok to lose 300m because my loss is your gain"... phwahhhhh... this is the most unbelievable statement of the millenium... imagine every company which lose money uses this justification... so do you want to benchmark you salary against private sector or what??? in private sector people get the boot when they lose 300m

3) in private sector if you need to blow your budget by 300m, you need the approval of the board of directors... under PAP rule you just need 3 minutes with ah loong... this is precisely why there is a serious issue with accountability
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Money spent on YOG was not wasted, says Vivian
Local firms benefited as 70% of budget went to those providing services for the sporting event
By Ong Hwee Hwee & Amresh Gunasingham

DR VIVIAN Balakrishnan yesterday defended the money spent on the Youth Olympic Games (YOG), saying that his ministry did not 'overspend, waste or squander' taxpayers' money.

In a rally speech, he disclosed how he went to see Prime Minister Lee Hsien Loong after he realised that actual spending would exceed the original estimate of $104 million three times over. A decision was made to cap spending at $387 million and the Ministry of Community Development, Youth and Sports - which he oversaw - ended up spending less than that.

Dr Balakrishnan was hitting back at criticism from the opposition Singapore Democratic Party (SDP) which has seized on the issue. The party has accused him of mismanaging the event held last August and challenged him to an open debate on the issue, which he has turned down.

Dr Balakrishnan had admitted in Parliament in September last year that his ministry got the initial estimates for YOG wrong. Yesterday was the first time he addressed the issue at a rally.

Speaking to supporters at an open field in Clementi, he talked about his recent encounter with undergraduate Thaddeaus Wee, who had quizzed him on the YOG budget.

Recounting what he told the young man, he explained that his ministry had underestimated the budget because it was the world's first-ever Youth Olympic Games and details were firmed up after Singapore submitted the bid.

He recounted how he went to see Mr Lee with the new estimates to seek for approval.

'He looked at me and he said: 'If you had known in November 2007 that the Youth Olympic Games will cost more than $300 million would you still have bid for it?' And I told him I would have bid for it even if I knew that price tag because it will make a big difference for young Singaporeans.'


Dr Balakrishnan reiterated how local companies benefited because 70 per cent of the YOG budget went to those providing services for the sporting event.

Singapore athletes also did the country proud, he said, by winning two silver and five bronze medals against world-class competition.

'But of course there are others who are entitled to their own opinions about whether or not it was a success,' he said. 'But I want to make this point that we did not overspend or waste or squander money which was properly budgeted for these Games.'

I]

Wah lan, I could'nt believe it when I read his statement. Like that, all ministries in singapore can also exceed their budget by 300% and justify it by saying 70% of that went to local companies!! So, next year MOE exceed by 3 times, its ok than? What about MINDEF? MFA? Singapore will be broke in one year if all the other ministries run up these kind of over budgets. Vivian the Chindian really got shit for brains. He should shut his mouth or straight out apologize. I don't see how these sort of comments cannot cost him votes. Plain and simple, this fucker should have swallowed his pride when gay Loong asked him if you had known it would have cost $300 million, would you still have held the YOG? The arrogant prick instead of saying no, did not want to lose face, so said yes. Gay Loong should have immediately got up and slap his face, like he slapped Dunnobolan's face. First World Olympics, so what? If he had bothered to study any other Olympic games in history, they are all over budget. Cheebye could have looked at Vancouver's 2010 Winter Olympic and already figure out the cost there. Only 2 cities bid for this, Stupidpore and Moscow. What does that tell you? If its such a hot commodity, u will see many bids ala Summer Olympics or World Cup. It seems every onein SIngapore knwos he fucked up, accept himself.
 

pallkia

Alfrescian
Loyal
I agree that the background of Viv is really suitable to be a postal boy,but our govt should choose somebody who can work and not somebody who can only speak well!

Remember some years ago,Umno and PAP youths had a exchange programme in S'pore,he also spoke something wrong and offended the guests.His charisma can only snooke the Chinese girls into marrying him,that's all!

If my expenditure is overshot by 300% of my budget,I would have been fired by my boss!
 

Rogue Trader

Alfrescian (Inf)
Asset
Local firms benefited as 70% of budget went to those providing services for the sporting event

Not a question of how many %.

For the 387 million spent, were there any new infrastructure like stadiums, roads, buildings built?????

YOG is a mismanagement and waste of public funds! My tax money I would rather go to the old lady picking up rubbish for a living!
 

halsey02

Alfrescian (Inf)
Asset
If I tell my boss I underestimated my project budget by 3 times...I sure get fired.

But your BOSS is not "mee siam mai hum", and you are of a different class & classification " lesser mortals"...In the real world, you will be shown the door, but for them they can still go bragging about it!!, no shame!
 

karmabear

Alfrescian
Loyal
Only in Singapore... Only in Singapore will you have a politician that can exceed the budget by 4 times and can still stand up in a rally and say not only did he not overspend but actually underspend. No wonder they feel it's ok to field candidates like Kate Spade TPL and father betrayer Janil Puthucheary.

Fuck LHL apology when his cronies like VB, WKS and MBT spit on the people.
 

yellow_people

Alfrescian
Loyal
Only in Singapore... Only in Singapore will you have a politician that can exceed the budget by 4 times and can still stand up in a rally and say not only did he not overspend but actually underspend. No wonder they feel it's ok to field candidates like Kate Spade TPL and father betrayer Janil Puthucheary.

Fuck LHL apology when his cronies like VB, WKS and MBT spit on the people.



Let's get real. When LHL asked LTK, should WKS resign, in parliament, LTK, remained silent. Yet he talks about slapping the driver and being an insurance policy.

Aljunied GRC can vote LTK into parliament, but there is no guarantee he will do what he says he will during rallies. In fact it looks more likely he will accept the status quo once in parliament. If there is any indication of what is to come, LTK and his party leaders have already conceded the PAP is best suited to form the govt, even before the elections were announced.

People should not complain when that is precisely what happens as LTK's performance in parliament is already there for everyone to see.

This insurance policy LTK talks about is a dud. As a co-driver he is likely to remain silent as the vehicle is driven over a cliff by the driver. I honestly do not see any change, or check and balance, coming from LTK and his WP.


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halsey02

Alfrescian (Inf)
Asset
Let's get real. When LHL asked LTK, should WKS resign, in parliament, LTK, remained silent. Yet he talks about slapping the driver and being an insurance policy.

Aljunied GRC can vote LTK into parliament, but there is no guarantee he will do what he says he will during rallies. In fact it looks more likely he will accept the status quo once in parliament. If there is any indication of what is to come, LTK and his party leaders have already conceded the PAP is best suited to form the govt, even before the elections were announced.

People should not complain when that is precisely what happens as LTK's performance in parliament is already there for everyone to see.

This insurance policy LTK talks about is a dud. As a co-driver he is likely to remain silent as the vehicle is driven over a cliff by the driver. I honestly do not see any change, or check and balance, coming from LTK and his WP.

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In this case the passengers have to check their insurance cover, slap both the driver & co-driver, this is dnagerous driving and can they change vehicle??:rolleyes:
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Vivian the Chindian should have been more imaginative than hinting that gay Loong gave him the ok for the YOG cost overun. In fact, all he had to do was point his finger at the LTA and invoke the $1.3 billion cost overun for the MCE. That would make his YOG cost over run look sup sup sui.
 
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