GIC raided reserves to pay CPF members
GIC raided reserves to pay CPF members after 2011 due to very low returns In his reply to WP MP Gerald Giam’s and other MPs’ questions on CPF, DPM Tharman finally revealed GIC’s 5-year return in Singapore dollar was peanuts at 0.5%. It now appears our reserves had been used raided to pay CPF members 2.5% to 5% returns. DPM...
World of PAP Internet Brigade revealed
‘Much has been mentioned within the internet about the existence of the PAP Internet Brigade (a.k.a “PAP IB”), but few know how this secretive group operates, and who their puppet-masters are. The Singapore Hall of Shame (SHS) was given exclusive access to their inner workings thanks to one of their former members; Agent...
MPs apologised in ST in 2007 for saying CPF is cheap money?
I refer to the article “S’pore has an edge in grooming leaders: MM – A robust system is in place here to groom a new generation of leaders” (ST, Oct 6). Grooming leaders – MPs? So, what has grooming the next generation of leaders got to do with members of Parliament (MPs) writing to the Straits Times forum? MP wrote...
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