The Empire robbing Najib of his billions
Read in front page news that the Americans are going after the assets of Najib in the US worth more than US$1b. The Americans have unilaterally judged that the assets were illegally acquired using stolen money from 1MDB by Najib’s step son Riza Aziz, Najib’s friend Jho Low and Mohamed Badawy al-Husseiny. The best part, the...
Singapore Puts Claim Limits on Health, but Asian Tigers Set Expense Limits to Protect Citizens
I came down with flu yesterday and had to see the doctor. The bill came up to quite a hefty sum. So it set me thinking – you feel very insecure to see a doctor in Singapore. It is so expensive here and there is no cap on how much Singaporeans and the people living in Singapore have to pay for healthcare. So, I decided to...
Why is it that SAF Officers can choose their retirement plans while CPF members cannot?
The AGO report certainly shone a light on something very interesting in my view. This is the unauthorised investment of circa $50m in US Real Estate Investment Trust and Exchange Traded Fund. The interesting bit is not the unauthorised investment which is not uncommon in asset management (usually because authorisation is slow...
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