CPF: Contributions exceed withdrawals by 138%?
I refer to the article “How Infamous Short-Seller Carson Block Can Take On The Singaporean Government And Win” (BusinessInsider, Dec 22). According to the Department of Statistics’ Yearbook of Statistics Finance 2012, in 2007, 204,808 CPF members who reached 55 years of age, withdrew $2.4 billion. More people withdrew...
Open source and government
The recent events with the Worker’s Party-led Aljunied Hougang Town Council‘s financial management system needs to be looked at from a far more holistic manner. The system that AHTC has used for managing the financial and related activities was something that they inherited from the previous Aljunied Town Council. ATC was...
Not profiteering, but politicking
Social media has been abuzz with questions relating to the role of Action Information Management Pte Ltd in the leaseback agreement with 14 PAP Town Councils. There have been suggestions by some netizens that there should be a CPIB investigation and other suggestions that AIM is but an example of profiteering at the expense...
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