Re: Singtel CEO Chua Sock Koong earned 5.7m last financial year, PM Lee only 2m. fair
She has more than double the pay as CEO than the PM.
Please lah....stop perpetuating the lie that Pinky only earns 2 million SGD annually.
According to a little bird from the West, Sinkie taxpayers are paying Pinky for the following items:
- his familee's holidays, travel expenses, hotel accommodations,
- his chauffeur
- his familee's medical bills, hospitalization bills, medical insurance
- electricity and water bills for his house
And listen to this: the ingredients used to prepare his familee's meals come from the Istana, which in turn has fresh produce flown in daily from North America, Western Europe and Australasia. The Istana has the freshest and safest-to-eat produce to feed foreign dignitaries, heads of state, etc. You can't have these foreign guests fall sick because of the meals the Istana serves, can you?
In addition, the Sinkie public do not know that Pinky is handsomely remunerated for being Chairman of GIC. Stop and think: do you think Pinky will assume the post of Chairman without being paid?
His husband, Ho Jinx, is the Executive Director and CEO of Teamasick.
According to the little bird from the West, both husband and wife together reap in about 30 to 40 million SGD per year.
A little known fact: The inner of the inner cicle of GIC and Teamasick set up offshore venture companies with funds "borrowed" from the two sovereign wealth funds. When these offshore venture companies make money, any "leftover" profits are used to pay back the "borrowed" funds.