PAP govt removes senior police officers from posts

[TracyTan866]

Absolutely. All LKY's previous claims of how above-board in his dealings with the commercial world went down the drain during the HPL saga. His projection as a squeaky clean political leader was badly tarnished. From then, the people had doubts about his integrity and never again believe all that he said. His standing with the public as a totally incorruptible minister was lost and he never regained it.

If he succeeds in getting that information from reaching Singaporeans, he will appear clean and can continue to boast that he runs a clean govt

 

[TracyTan866]

LKY and son and family members received huge discounts when purchasing properties. How can they call themselves to be clean?

LKY's argument was that he didnt ask for the discounts..it was given to him..so he said that was not corruption

 

[TracyTan866]

LKY's argument was that he didnt ask for the discounts..it was given to him..so he said that was not corruption

LKY wld sue anyone who said that that was corruption for defamation and his Courts would agree with LKY.

 

[batman1]

LKY's argument was that he didnt ask for the discounts..it was given to him..so he said that was not corruption

He did not ask for but received the discounts quietly and did not disclosed it (corrupt conduct).When exposed,he donated the discounts received to charity.
In the same analogy,a traffic cop did not ask for but received bribes and did not disclosed it(corrupt conduct).When exposed,he donated the bribes received to charity.
All the above acts or conducts are corrupt practices .The later acts of donation to charity do not mitigate the corrupt practices.

 

[TracyTan866]

He did not ask for but received the discounts quietly and did not disclosed it (corrupt conduct).When exposed,he donated the discounts received to charity.
In the same analogy,a traffic cop did not ask for but received bribes and did not disclosed it(corrupt conduct).When exposed,he donated the bribes received to charity.
All the above acts or conducts are corrupt practices .The later acts of donation to charity do not mitigate the corrupt practices.

I agree with you. Any decent legal eagle wld agree too. But GCT didnt dare to take action..

 

[freedalas]

I agree with you. Any decent legal eagle wld agree too. But GCT didnt dare to take action..

There's more to this saga. It was Koh Beng Seng of MAS who reported to his Chairman Dr Richard Hu (also Finance Minister then) that there was disquiet in the market regarding the discounts given to LKY n LHL by HPL during the soft launch of Nassim Jade and Scotts 28 n the choice units as well. Dr Hu in turn told GCT about it n he ordered an investigation and what follows most of us are in the know. But what many people didn't know was not long after, LKY remarked that our financial sector lacked the buzz that other financial centers like HK, London n NY have. He also hinted that our financial sector should be open and that it was over-regulated. And for that reason, he sent his son to takeover from Dr Hu as Chairman of MAS to review all policies and practices with the aim of de-regulating supervision such that more financial institutions would be attracted here. Soon after LHH stepped into MAS, Koh Beng Seng had to leave and was left in the wilderness. Don't forget Koh was very highly praised by LKY himself publicly for his role in turning down applications by rogue banks to step up shop here. Koh was also hand-picked by Dr Goh Keng Swee. The moral of the story? Don't step onto the old man's toes. LKY was sending a message to all others who want to be like Koh that by all means be strict with all others on improper practices but that does not apply to me, u understand?

 

[TracyTan866]

There's more to this saga. It was Koh Beng Seng of MAS who reported to his Chairman Dr Richard Hu (also Finance Minister then) that there was disquiet in the market regarding the discounts given to LKY n LHL by HPL during the soft launch of Nassim Jade and Scotts 28 n the choice units as well. Dr Hu in turn told GCT about it n he ordered an investigation and what follows most of us are in the know. But what many people didn't know was not long after, LKY remarked that our financial sector lacked the buzz that other financial centers like HK, London n NY have. He also hinted that our financial sector should be open and that it was over-regulated. And for that reason, he sent his son to takeover from Dr Hu as Chairman of MAS to review all policies and practices with the aim of de-regulating supervision such that more financial institutions would be attracted here. Soon after LHH stepped into MAS, Koh Beng Seng had to leave and was left in the wilderness. Don't forget Koh was very highly praised by LKY himself publicly for his role in turning down applications by rogue banks to step up shop here. Koh was also hand-picked by Dr Goh Keng Swee. The moral of the story? Don't step onto the old man's toes. LKY was sending a message to all others who want to be like Koh that by all means be strict with all others on improper practices but that does not apply to me, u understand?

Thanks for the insightful comments

 

[bhoven]

There's more to this saga. It was Koh Beng Seng of MAS who reported to his Chairman Dr Richard Hu (also Finance Minister then) that there was disquiet in the market regarding the discounts given to LKY n LHL by HPL during the soft launch of Nassim Jade and Scotts 28 n the choice units as well. Dr Hu in turn told GCT about it n he ordered an investigation and what follows most of us are in the know. But what many people didn't know was not long after, LKY remarked that our financial sector lacked the buzz that other financial centers like HK, London n NY have. He also hinted that our financial sector should be open and that it was over-regulated. And for that reason, he sent his son to takeover from Dr Hu as Chairman of MAS to review all policies and practices with the aim of de-regulating supervision such that more financial institutions would be attracted here. Soon after LHH stepped into MAS, Koh Beng Seng had to leave and was left in the wilderness. Don't forget Koh was very highly praised by LKY himself publicly for his role in turning down applications by rogue banks to step up shop here. Koh was also hand-picked by Dr Goh Keng Swee. The moral of the story? Don't step onto the old man's toes. LKY was sending a message to all others who want to be like Koh that by all means be strict with all others on improper practices but that does not apply to me, u understand?[/QUOTE

KBS was in the Committee set up to review MAS together with Tharman but he was absent at most meetings. After he left MAS, five of his kakis joined him at UOB where he was appointed Deputy President. This was a smart move by WCH to counter the then criticism that UOB was lacking in professional managers as WEC was obviously not experienced enough to replace his father as eventual CEO

 

[freedalas]

There's more to this saga. It was Koh Beng Seng of MAS who reported to his Chairman Dr Richard Hu (also Finance Minister then) that there was disquiet in the market regarding the discounts given to LKY n LHL by HPL during the soft launch of Nassim Jade and Scotts 28 n the choice units as well. Dr Hu in turn told GCT about it n he ordered an investigation and what follows most of us are in the know. But what many people didn't know was not long after, LKY remarked that our financial sector lacked the buzz that other financial centers like HK, London n NY have. He also hinted that our financial sector should be open and that it was over-regulated. And for that reason, he sent his son to takeover from Dr Hu as Chairman of MAS to review all policies and practices with the aim of de-regulating supervision such that more financial institutions would be attracted here. Soon after LHH stepped into MAS, Koh Beng Seng had to leave and was left in the wilderness. Don't forget Koh was very highly praised by LKY himself publicly for his role in turning down applications by rogue banks to step up shop here. Koh was also hand-picked by Dr Goh Keng Swee. The moral of the story? Don't step onto the old man's toes. LKY was sending a message to all others who want to be like Koh that by all means be strict with all others on improper practices but that does not apply to me, u understand?[/QUOTE

KBS was in the Committee set up to review MAS together with Tharman but he was absent at most meetings. After he left MAS, five of his kakis joined him at UOB where he was appointed Deputy President. This was a smart move by WCH to counter the then criticism that UOB was lacking in professional managers as WEC was obviously not experienced enough to replace his father as eventual CEO

True. But KBS didn't join UOB immediately after he left. He went on to become a consultant in Thailand or something like that. It was only after awhile that he joined UOB during which time the 5 kakis were still in MAS. Where he ended up does not matter that much. What we should note is how he was treated by LKY. Once a blue-eyed boy of LKY, he was banished by the very same person.

 

[steffychun]

So in Singapore, when top civil or military officers are removed, it is not their deputies who replace them. Wah....