Why did GIC conceal its cash position since FY2014?
GIC made ‘cash’ disappear by combining it with a different asset class. Former President KFC and current President Milo Gao/Kosong have pretended there are no issues despite such ‘funny’ business. (Image below posted on FB) Click to enlarge Any accountant care to enlighten? Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →
Even PAP voters don’t trust the PAP to tell the truth
A recent comment on TRE set me thinking NotMyProblem: July 8, 2018 at 11:30 am (Quote) Keep information in the dark reminds me of my schooling days. When I had a “F” for my examination, I would not dare to show to my parents. But when I had an “A”, the first thing I would do was flashing my result to the whole family. Do...
The Government sending out confused and contradictory messages
Honestly, it is like the government does not have a clue of what it actually wants to achieve. Of course I am sure that that is not the intention but I am not altogether convinced that they understand the mixed and confused signals they are sending out. Either that or none of the government departments talk to each other and...
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