Eight observation points on opening statement by SC Chelva Retnam (Part 4 of 8)
4. SYMPATHY FOR THE WINNER In my last observation point (3. CPG DÉJÀ VU) on the opening statement by senior counsel Chelva Rajah for the Defendants, I pointed to a key question in the case. This is whether the setting up and appointment of FMSS by the WP MPs to possibly replace CPG as MA was a CONSPIRACY (as alleged by the...
Eight observation points on opening statement by SC Chelva Retnam (Part 3 of 8)
3. CPG DÉJÀ VU I have observed two points raised in senior counsel Chelva Rajah's opening statement so far. First, the MND review of the AIM deal recognised the party-political competitive context of town council work. Second, Mr Low's political instincts was honed by twenty years of experiencing this context tilted against...
HoHoHo: Time for StanChart’s CEO to go?
Another one for the repair shop is UK-listed Standard Chartered. After damaging revelations about the bank breaching US-led sanctions against doing business with Iran, it had already paid a $667m fine to avoid criminal charges in 2012. This week another $1.5bn in fines from US authorities was highlighted after allegations that...
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