Former MFA’s Chief of Protocol under CAD investigation
Former Chief of Protocol Lim Cheng Hoe (ST PHOTO) The Ministry of Foreign Affairs (MFA) has suspended a Senior MFA official, Chief of Protocol Mr Lim Cheng Hoe, from all duties on Tue (19 Jun). MFA said that it has received information that Lim allegedly made improper claims of reimbursements for expenses incurred during some...
Man jailed for serious phantom worker offences as MOM steps up checks
A 51-year-old man, Ng Seah Ngee, was sentenced to jail for phantom worker offences by the Court on Tue (19 Jun). He was jailed for 16 weeks and fined $3,000 for operating an unlicensed employment agency between 2007 and 2009. Ng faced a total of 159 charges. He had admitted to 13 charges of conspiring with the directors of Viquest...
Temasek not keen to help small local firms grow but willing to invest in ‘Junk’ U.S. companies
At an interview with Bloomberg on 11 Jun, Temasek's chief investment officer, Tan Chong Lee, told the reporter that Temasek Holdings is currently sitting on a bundle of cash and is prepared to make deals in excess of US$1 billion. He said, "We are currently net cash, which means that we have the full flexibility to undertake...
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