Thanks to the PAP, only in Singapore do we have oddities like NCMP, GRC and REP
What kind of a species is the Non-Constituency Member of Parliament (NCMP)? The answer: one of a kind, which cannot be found anywhere else in the world. An MP that is not elected by the people? An MP without a constituency? An MP who can speak in Parliament but cannot vote? An MP that ranks among the “best losers” in an...
On Singapore’s Ministerial salaries 2013-2017
Singapore's deputy prime minister Teo Chee Hean said in parliament: "all the components are within the framework of the S$1.1 million (salary for entry-level ministers) that was put in place in 2012.” He also said: "The salary structure is totally transparent. There are no hidden salary components or perks." Now, the S$1.1...
HoHoHo: StanChart gets into more trouble
StanChart is expecting a potential penalty of around US$1.5 billion from U.S. authorities for allowing customers to violate Iran sanctions. [ LINK ] StanChart hasn’t been able to clean up its dirty linen despite a 2012 deferred prosecution agreement (DPA) in which it admitted secretly moving billions of dollars through...
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