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LOL 1st world Joke, cronies hijacked LHL's dead Turtle HUB Blackmail $19M for NDP

Shut Up you are Not MM

Alfrescian
Loyal
How Incompetent is PAP's Incompetence?

Spent Huge Tax Dollars in billion to tear down National Stadium, build a scandalous Turtul HUB bald of grass, fucked up everywhere, and got it Hi-jacked by Cronies.

Failed to make it to be used for SG50 NDP as intended. Now got blackmailed extorting $19M to do NDP 2016 already SG51!

LKY still can not jump out from grave to fuck his Bapok son!




http://www.channelnewsasia.com/mobile/singapore/two-senior-management/2359740.html


Two senior management staff at Sports Hub asked to “step aside”
POSTED: 18 Dec 2015 20:11 **UPDATED: 18 Dec 2015 22:43

A
A
SINGAPORE: Sports Hub Pte Ltd confirmed on Friday (Dec 17) that two members of its senior management are “stepping aside” from their roles at the consortium.

Global Spectrum Pico managing director Mark Collins and Daphne Letourmel, who is director of contracts and compliance at Global Spectrum, respectively are leaving their positions at the consortium, which was formed to finance, operate and build the S$1.33 billion facility.

Global Spectrum Pico is one of four equity partners in the Sports Hub consortium, which had won the contract from the Government in 2007 to finance, build and operate the S$1.33 billion Hub over a 25-year period, with the public-private-partnership project touted as the largest in the world. The other partners are InfraRed Capital Partners, Dragages Singapore, and DTZ Facilities & Engineering (S) Limited.

Confirming the departures, a Sports Hub spokesperson said: “With immediate effect, Jason Hrick has taken over as acting Managing Director and will report to Manu Sawhney, CEO of Sports Hub Pte Ltd. An acting Director, Contracts and Compliance, will be appointed shortly.

“The team remains focused on ensuring a seamless and integrated delivery of world- class sports, entertainment and lifestyle events at Sports Hub.

“We will not be commenting any further on this internal matter.”

Separately, Sports Hub's strategic marketing and partnerships director Poh Yu Khing and its corporate communications and stakeholder management senior director Jose Raymond have also decided to leave the organisation. Channel NewsAsia also understands that managing director of the Sports Hub's facilities management firm DTZ, Eric Tan, stepped down in August.

News of Collins’ departure from the Hub’s senior management team was met with disappointment and surprise, as the American – who had joined the consortium in 2006 – was popular and respected among his employees.

Sources familiar with the situation told TODAY that Mr Collins had been having disagreements with Mr Sawhney – who took over the post from outgoing CEO Philippe Colin-Delavaud in October – over the direction taken in recent discussions with event organisers and partners in staging events at the Kallang facility.

Two events – the Asia Masters Athletics Championships and the Merlion Cup football quadrangular – have had to seek alternative venues due high costs of renting the facility, and other issues.

Media rights company MP & Silva decided not to stage the Merlion Cup at the National Stadium after failing to come to agreement with the Sports Hub over a force majure clause in the contract. Prior to that, both organisations could not agree on the request for upfront payment of rental costs, believed to be about S$250,000.

Singapore Athletics have decided to seek another venue for the Asia Masters Championships after being told of a $600,000 bill to convert the stadium from football to athletics mode, as well as other variable costs.

Read the original TODAY report here.
- CNA/hs
 

johnny333

Alfrescian (Inf)
Asset
I thought angmos are the best:eek:

It's quite sad when you think about it, the PAP has allowed a bunch of foreigners to screw Spore. Usually the problem is caused by one or more civil servants:biggrin:
 

Froggy

Alfrescian (InfP) + Mod
Moderator
Generous Asset
Media rights company MP & Silva decided not to stage the Merlion Cup at the National Stadium after failing to come to agreement with the Sports Hub over a force majure clause in the contract. Prior to that, both organisations could not agree on the request for upfront payment of rental costs, believed to be about S$250,000.

Singapore Athletics have decided to seek another venue for the Asia Masters Championships after being told of a $600,000 bill to convert the stadium from football to athletics mode, as well as other variable costs.

Government over spent to build a lemon, then wanted to charge events so high to recover, events no choice but to say

7073ff0ce9c54f6672f157ebef668c1b6bb123d15fc2e2bc062ec1558f964820.jpg
 

borom

Alfrescian (Inf)
Asset
I do not know what's the problem when 70% voted for this-including high cost for public housing, medical care, maid levies, even watching EPL.

If you can proudly declare that you spent more than $300 million on some Youth Olympics-what's the big deal?
$260 per month for PA recipients not enough ?" How much do you want? Do you want three meals in a hawker centre, food court or restaurant? "
 

Hans168

Alfrescian
Loyal
I thought angmos are the best:eek:

It's quite sad when you think about it, the PAP has allowed a bunch of foreigners to screw Spore. Usually the problem is caused by one or more civil servants:biggrin:

On the contrary Vivian Bala is smart this time round after losing $300 million over budget for Youth Olympics .......... to get dorks to take equaity in this asset. Where on earth can make money from this type of project??? Breakeven in 30 yrs can laff already if at all!!!!!!!!!!!!!!!
God saves the queen & Shiva blesses Bala
 

winnipegjets

Alfrescian (Inf)
Asset
I thought angmos are the best:eek:

It's quite sad when you think about it, the PAP has allowed a bunch of foreigners to screw Spore. Usually the problem is caused by one or more civil servants:biggrin:

Not the angmos lah ...good angmos quit because they can't do their jobs with constant interference by the government. These two angmos quit because they stood up to the government. The remaining angmos are there to suck as much juice from the government; they are the foreign losers that are entrenched in sinkapore. Competent angmos don't come to sinkapore.
 

mojito

Alfrescian
Loyal
What blackmail? YOG can spend $300m, national day cannot spend 1/10 of that? Sinkies are simply penny wise, pound foolish! :rolleyes:
 

war is best form of peace

Alfrescian
Loyal
What blackmail? YOG can spend $300m, national day cannot spend 1/10 of that? Sinkies are simply penny wise, pound foolish! :rolleyes:

CB KIA.

You prostituted your own wife over to Geylang and ended up had to pay S$19 million to OKT only have sex with her, that is not stupid incompetence?

Othets pays $300 mil becos they are not her husband!

Goong CB KIA!
 

war is best form of peace

Alfrescian
Loyal
世人皆应耻笑李阿斗。花数十亿盖体育馆,被奴才们劫持勒索$1千九百万,才可以使用为国庆庆典。犹如花钱娶了老婆又送去芽茏做鸡,然后又再花巨款嫖自己老婆,被龟公敲诈。不是普通的白痴喔!
 

blissquek

Alfrescian
Loyal
Not the angmos lah ...good angmos quit because they can't do their jobs with constant interference by the government. These two angmos quit because they stood up to the government. The remaining angmos are there to suck as much juice from the government; they are the foreign losers that are entrenched in sinkapore. Competent angmos don't come to sinkapore.


Competent angmos don't come to sinkapore.[/QUOTE

Yes..A very true statement..just like in the academia, the better professors will shun Singapore and what we have may be scraps from the bottom of the barrel..

So we will NEVER, NEVER be able to attract any Nobel laureats to our shore..
 

Brightkid

Alfrescian
Loyal
Anyone knows the rental of shops and F&B in the mall there?

Hardly anyone inside mall during weekdays and maybe a dew stragglers during weekend. During events, the ushers barricaded the mall and guided people into stadium bypassing the mall!

How can these businesses survive?
 

KNNBHCB

Alfrescian (Inf)
Asset
What blackmail? YOG can spend $300m, national day cannot spend 1/10 of that? Sinkies are simply penny wise, pound foolish! :rolleyes:

CB KIA.

You prostituted your own wife over to Geylang and ended up had to pay S$19 million to OKT only have sex with her, that is not stupid incompetence?

Othets pays $300 mil becos they are not her husband!

Goong CB KIA!

Well said. Goong CB KIA is really a Goong CB KIA.

mojito is indeed an Goong CB KIA... whahahaahaaa
 
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