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Serious MAS reputation of excellent governance in tatters after this incident, which is?

dr.wailing

Alfrescian
Loyal
Whenever there's an opportunity, Sinkieland's state-controlled media never fail to hype up MAS excellent record of governance.

A recent event has debunked the much vaunted capability of MAS and proved that everything about it is just hype.

The US is hundreds of times bigger in size compared to Sinkieland. It has a population of at least 220 million people compared to Sinkieland's 5.75 million.

Yet it's the US that has managed to uncover the money laundering trails of people involved with siphoning off 1MDB funds, not Sinkieland.

It's Sunday in Sinkieland today and if you wish to read something interesting about financial fraud, you may wish to read the US Department of Justice lawsuit against the crooks who cheated on 1MDB. The link to the lawsuit (PDF file format) is: https://drive.google.com/file/d/0B7__2z7rvfoMQ2VzRHJ2YWFyN0FFZnF6X1R4NkZaR1c3THpB/view?pref=2&pli=1
 

virus

Alfrescian
Loyal
only becos they dont believe in this 58 man years to check bullshit. every time a huge tranche of $$ crosses into the bank, their HQ, the FBI, CIA, CAD, MAS are all notified. the issue is why now/

because najib has been siding with cheena over many regional issue and refuse to aid americano to give them navel base. they decided to find a replacement.
 

halsey02

Alfrescian (Inf)
Asset
With MONEY comes power, it corrupts the mind, then power, both does the same thing. It is good to have 'friends' like Ahjib & 'motherland' comrades like the Mainland Chinese; who once was our Singapore government , "terrorists" with arms . With money, we embrace them as friends, who re still wearing their 'bomb vests"....& have 'bombed" a lot of our hard earned money...

With money....we sell anything...:rolleyes:
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
...........

20131115_selfie_fb.jpg
 

Brightkid

Alfrescian
Loyal
Please do not panic. Even though MAS screwed itself up without help, our CNA still command awe in front of Obama just by flashing his pay slip. Obama may have to knee while talking to our CNA even though the former manage a country many times in every aspect with proportionally a lot lesser majors, MPs, PLPs, etc.
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Whenever there's an opportunity, Sinkieland's state-controlled media never fail to hype up MAS excellent record of governance.

A recent event has debunked the much vaunted capability of MAS and proved that everything about it is just hype.

The US is hundreds of times bigger in size compared to Sinkieland. It has a population of at least 220 million people compared to Sinkieland's 5.75 million.

Yet it's the US that has managed to uncover the money laundering trails of people involved with siphoning off 1MDB funds, not Sinkieland.

It's Sunday in Sinkieland today and if you wish to read something interesting about financial fraud, you may wish to read the US Department of Justice lawsuit against the crooks who cheated on 1MDB. The link to the lawsuit (PDF file format) is: https://drive.google.com/file/d/0B7__2z7rvfoMQ2VzRHJ2YWFyN0FFZnF6X1R4NkZaR1c3THpB/view?pref=2&pli=1

MAS, like every other entity in singapore is populated by a die hard PAP supporter. In this case ravi menon. Right now, Ravi is cursing his luck that all this shit is falling on him after he took over MAS. MAS being a central bank should have been independent. Just like the Presidency should be. because there is no check and balances, you have all this shit. when such large amounts of money flow into singapore from a caribbean tax haven, for sure MAS knows about it. Ask yourself why Najib route the money thru singapore and not directly into his own accounts in Malaysia? A simple call to Gay Loong, and some kopi money, and no problem, MAS is told to allow the money to be transferred to malaysia with no questions ask. Its now after the US got fed up and start placing pressure on it, plus pressure from the Swiss govt that MAS is belatedly trying to do something. I wonder how Gay Loong felt when Obama called him on video conference and scolded him like a little boy. This is truly money laundering on an epic scale.
 
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