Did Temasek lose $1.6 billion in Tanzanian investment?
In November 2013, Temasek (through newly set up Pavilion Energy) bought a 20% interest in Tanzanian Blocks 1,3 and 4 from Ophir Energy. (“Ophir in $1.3 bln deal with Temasek unit for Tanzania gas“) In August 2014, Ophir reported a US339.1 million after-tax profit reflecting “the gain on sale of a 20 per cent interest...
Singapore would not have made it this far if the 1G PAP behaved like the 4G ‘leaders’
The more one reads Heng Swee Keat and Chan Chun Sing's woeful and lame excuses in defending the non-accountability of top leaders when things fail, the more one fears for Singapore and the danger that lies down the road for this country. An unaccountable leadership is dangerous for it leads to abuse of power, and worse, mediocrity...
Death Penalty – Singapore, What is Going On?
I was at the European Parliament yesterday, and in a rare occasion, felt less pride in adorning my Singapore Badge. A representative from the Council of Europe highlighted Singapore’s leading role in opposing the move by the UN General Assembly to pass a resolution to abolish or impose a moratorium on death penalty. Quite...
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