Keppel Scandal Moral Hazards
A person who tried offering bribe of $50 to police officer was jailed for SEVEN months but those buggers in Keppel Scandal just walk off with only fines imposed on the company? There is HUGE Moral Hazard here. Executives in such GLCs or companies could just offer huge bribes to get contracts and in the end, reward themselves...
Ong Ye Kung says media hijacked by ‘fake news’ but ex-ST Editor says SG media hijacked by govt
At the Shangri-La Dialogue Sherpa Meeting yesterday (29 Jan), Minister Ong Ye Kung told the audience that "fake news" is one of the security threats the world faces today in addition to terrorism. He noted that "fake news" is increasingly undermining social fabric and national unity. "Propaganda has never been this powerful,...
Former Keppel O & M Employees Arrested But As Usual PAP Connected Executives Are Left Untouched
News reports today in the State Times and other Government media said that at least six former executives of Keppel Corp have been arrested by CPIB in connection with the Brazil bribery scandal. To recap, in December it was announced that Keppel Offshore and Marine, a 100% owned subsidiary of Keppel Corp, had reached a deferred...
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