TR EMERITUS

The PAP government has often reminded CPF members on the need to be adequately prepared for retirement.  But on the other hand, CPF members are encouraged to consume our CPF for housing. Common sense tells us that the only roof over one’s head isn’t an investment; only a second or multiple properties owned by the rich... 

Quietly over Christmas the US Justice Department announced that it had reached a deferred prosecution agreement with Keppel Offshore and Marine. Under the agreement Keppel O & M, a unit of Keppel Corp, will pay $422 million to resolve charges that it paid $55 million in bribes to Brazilian politicians to win business from... 

Money talks and the Keppel O and M corruption probe has concluded with the payment of a record S$567 million dollar fine. [ Bloomberg ] About a quarter of the fine will be paid to the Singapore government and “These payments were part of the total criminal fine“.  The CNA report was referring to US$53 million fine...