Comments on: Auditor-General’s report

By: The Singapore Daily » Blog Archive » Weekly Roundup: Week 29

The Singapore Daily » Blog Archive » Weekly Roundup: Week 29 — Sat, 18 Jul 2009 02:57:34 +0000

[...] Report 2008/09 – geraldgiam.sg: Auditor-General’s report – Wayang Party: Why wasn’t Temasek and GIC’s accounts audited by the Auditor-General? – [...]

By: The Singapore Daily » Blog Archive » Daily SG: 17 Jul 2009

The Singapore Daily » Blog Archive » Daily SG: 17 Jul 2009 — Fri, 17 Jul 2009 03:23:26 +0000

[...] Report 2008/09 – geraldgiam.sg: Auditor-General’s report – Wayang Party: Why wasn’t Temasek and GIC’s accounts audited by the Auditor-General? – [...]

By: twasher

twasher — Fri, 17 Jul 2009 02:06:30 +0000

Yes, I agree that PY has a habit of spending recklessly. Another example being the overseas PhD scholarship scheme that he is so proud of.

By: Gerald Giam

Gerald Giam — Thu, 16 Jul 2009 16:44:09 +0000

twasher – thanks for clarifying about rental going to JTC. I don’t see JTC as a govt agency in the traditional sense. It’s more like a profit-making GLC. They had $1.2 billion in profits (surplus) in 2008. Does this go to fund Workfare? I don’t think so. So I don’t agree that the payment to JTC can be considered to be feeding back into the govt coffers.

In any case, this is beside the point. I have no doubt that PY would have done exactly the same thing if the landlord was Mapletree or Capitaland.

By: George

George — Thu, 16 Jul 2009 05:36:20 +0000

What PY has done at SPRING/Biopolis/Fusionpolis is no different from what he has been doing throughout his civil service career starting at MINDEF.

If the AG has the will and resources to trace PY’s career, it will find a trail of such extravagant, wasteful, unjustifiable, questionable expenditures. You see the man firmly believes in not sparing any cost to provide the best for his people and his endeavours. He figure that is the cost govt must pay for his service. It is good to work for him and be in his good books. But woe betides you should you ever cross his path! Many an arrogant and reckless civil servant, including talents has had found it to his cost and undoing. But basically, the man has guts.

By: twasher

twasher — Thu, 16 Jul 2009 02:10:40 +0000

And I’m not sure if the rental really constitutes a loss to taxpayers. If he hadn’t rented the office, would JTC have been able to rent the office to a firm from the private sector? If not, then it’s merely a case of tax revenue being transferred from SPRING to JTC.

By: twasher

twasher — Thu, 16 Jul 2009 02:08:20 +0000

FYI rental for Biopolis and Fusionopolis goes to JTC, not A*Star.

By: Anderson

Anderson — Thu, 16 Jul 2009 00:46:44 +0000

No surprise our elite is behaving no diferent from John Thein.
Who is John Thein ? He is the best friend of Temasek Holding after all who is so kind to give him money to buy expensive dustbin.

http://www.msnbc.msn.com/id/28793175/

Now back to Yeo, anyone check his new office for golden tap ?

By: keenlen

keenlen — Thu, 16 Jul 2009 00:11:02 +0000

Sharp observations made. Will somebody pls raise this in parliament for open discussion lest it would be thought that $2.8M is ‘P******’. This is the job for the opp party and even the NMPs to quickly latch on because it is startling and little does the public know abt it. Before it becomes water under the bridge and that negative mindset you mentioned slowly becomes entrenched…