‘Temasek’ and ‘GIC’ unable to prevent Hyflux from seeking court protection?
Although Temasek may not have any interest in Hyflux, it is a government-linked company. On Hyflux’s board are former paper colonel Gay Chee Cheong and Lau Wing Tat, former GIC senior management executive. Gay is also a director of Heliconia Capital Management Pte Ltd, a Temasek subsidiary. In 2010 when Gay bought 8...
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...
Why does PAP Minister Lee attack the Oxfam survey when the picture in his own backyard is not so pretty?
I take strong issue with what Desmond Lee said in response to the recent Oxfam survey findings on inequity worldwide and Singapore's ranking in it. To begin, Oxfam is a credible non-governmental organisation established since 1942 whose work governments and corporations look up to and take notice of. Otherwise, PAP minister...
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