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- Feb 26, 2012
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Re: 100% of accumulated surplus transferred to sinking fund when PAP lost to WP?
dont you think it is too late to check? GIC n temasek are limited company not subjected to Audit check unlike stat boards.
We better check if, there is a clause or clauses anywhere, if PAP losses the election in Singapore......or they have been thrown out of power...all our sovereign funds ( that include CPF) will be immediately transfer to a fund overseas operated by signatories of people currently in power. If this can happen to Town Council monies...then this is not a far fetch thought...
WAKE STINKERPOREANS VOTERS...better check all the clauses....:p
dont you think it is too late to check? GIC n temasek are limited company not subjected to Audit check unlike stat boards.