Oversight of GIC urgently needed by Parliament
After The Straits Times had published “GIC seeding start-up fund headed by ex-CIO: Report” on 3 April, there was not even a whisper in Parliament about the hundreds of millions/billions of CPF dollars/reserves being invested. Recall Minister Vivian asking “How much do you want? Do you want three meals in a hawker centre,...
CPF: The propaganda continues?
We refer to the article ”Permanent top-ups, greater flexibility for investment suggested for CPF system” (Channel NewsAsia, Aug 14). Less than 30% met Minimum Sum? It states that ”More than half of workers reaching 55 years of age are not able to achieve the Minimum Sum – the amount needed to give them a regular income...
GIC website publish selective minimal news
GIC selective, publish minimal news on its website GIC has shown a preference to publish as little news as possible on its website. Most of it is not confidential information and is already publicly available. August 2014 GIC did not publish a single news below on it website. Instead, GIC published the following: 2 Aug -...
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