NTUC is a joke - sell NTUC Income got $1.85b extracted away also "not aware"

[tokiya]

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

[Mummy1234]

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.

[Risa]

this one super ridiculous.

must investigate wtf is ntuc doing

[jim889]

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

are they doing this

[Suntan]

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. 

[BuiBuiForeverAlone]

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? 

[Joe Maya]

$1.85 billion is peanuts to Temasek / GIC.
I read somewhere - And the fact Allianz will recoup that amount in a few years right ?