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...
Like a spoiled brat, the government throws a tantrum when things do not go its way
If the global ranking is good, we’ll embrace it. If it is bad, we’ll trash it. This week illustrates perfectly that the government thinks it has the option to pick and choose, to recognise and accept plaudits but categorically reject brickbats. Both Finance Minister Heng Swee Keat and Social and Family Development Minister...
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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