Money Mind

General Category => The Common Lounge => Topic started by: tokiya on Oct 16, 2024, 09:21 PM

Title: NTUC is a joke - sell NTUC Income got $1.85b extracted away also "not aware"
Post by: tokiya on Oct 16, 2024, 09:21 PM
Brother Ng say before "PAP is at the the heart of NTUC"

https://www.straitstimes.com/singapore/politics/ntuc-central-committee-not-aware-of-capital-reduction-plan-in-allianz-income-deal-desmond-tan
Title: Re: NTUC is a joke - sell NTUC Income got $1.85b extracted away also "not aware"
Post by: Mummy1234 on Oct 16, 2024, 09:29 PM
This is ridiculous. Where is the accountability. 2 billion dollars at stake and they claim ignorance. Who believe?

CPIB should investigate if there is any corruption going on.
Title: Re: NTUC is a joke - sell NTUC Income got $1.85b extracted away also "not aware"
Post by: Risa on Oct 17, 2024, 06:46 AM
this one super ridiculous.

must investigate wtf is ntuc doing
Title: Re: NTUC is a joke - sell NTUC Income got $1.85b extracted away also "not aware"
Post by: jim889 on Oct 17, 2024, 03:09 PM
Quote from: tokiya on Oct 16, 2024, 09:21 PMBrother Ng say before "PAP is at the the heart of NTUC"

https://www.straitstimes.com/singapore/politics/ntuc-central-committee-not-aware-of-capital-reduction-plan-in-allianz-income-deal-desmond-tan

are they doing this

(https://cdn.pixabay.com/photo/2022/12/27/01/35/sleeping-government-7680058_960_720.jpg)
Title: Re: NTUC is a joke - sell NTUC Income got $1.85b extracted away also "not aware"
Post by: Suntan on Oct 17, 2024, 03:18 PM
Scary sia when using seed money of taxpayers and
59 year of nation building and never have the earnings come back
to sinkies. Only once Singapore Telecom spun out Singtel, went IPO and
sinkie gets 2000 shares of Singtel. Thanks to GCT giving back to sinkies.
Now NTUC income using taxpayers seed money, can hv billions unknown. 
Title: Re: NTUC is a joke - sell NTUC Income got $1.85b extracted away also "not aware"
Post by: no guessing game on Oct 17, 2024, 07:06 PM
NTUC is not a union. Instead of 2 billion to help singapore citizen employees, go help foreign coy to cash out 2bn. "Money laundering" is it?  :frus:
Title: Re: NTUC is a joke - sell NTUC Income got $1.85b extracted away also "not aware"
Post by: Joe Maya on Oct 17, 2024, 07:10 PM
$1.85 billion is peanuts to Temasek / GIC.
I read somewhere - And the fact Allianz will recoup that amount in a few years right ?
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