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 →
Why I not KPKBing about MediShield Life
… while he feels that MediShield Life is inadequate in terms of making healthcare affordable to the masses, he acknowledges that it is “a huge advance in that it took in people with pre-existing conditions”. https://www.channelnewsasia.com/news/singapore/paul-tambyah-chairman-singapore-democratic-party-on-the-record-10527550 It’s...
PAP MP Gan and MOM Minister Teo continue with wayang to conceal failure of CPF scheme
Fact: CPF scheme is a complete failure because the majority of Singaporean members are unable to meet the FRS sum in cash at age 55. In the written answer by MOM Minister Teo on 10 July, she disclosed that only “about 53% of active members met their Full Retirement Sum in cash and pledge at age 55 in 2016″. Josephine did...
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