GIC and Temasek Holdings

[Dinosaur]

The funds in the coffers of the Government of Singapore Investment Corporation (GIC) and Temasek Holdings, do they belong to the government or to the citizens of Singapore?

In China, the Chinese government has made it clear that the sovereign wealth funds belong to the government, whatever that means. They don't belong to Chinese citizens.

 

[Cruxx]

The funds in the coffers of the Government of Singapore Investment Corporation (GIC) and Temasek Holdings, do they belong to the government or to the citizens of Singapore?

In China, the Chinese government has made it clear that the sovereign wealth funds belong to the government, whatever that means. They don't belong to Chinese citizens.

Be grateful that Kuan Yew even let you Sinkies stay in his fiefdom. Majulah PAP!

 

[halsey02]

Be grateful that Kuan Yew even let you Sinkies stay in his fiefdom. Majulah PAP!

In my times of trouble, Heil! Harold! comes to me, speaking words of wisdom, "let it be"...Heil! Harold!

 

[Azure]

In theory, the government acts as the trustee of the citizens.

 

[redoubtable]

In theory, the government acts as the trustee of the citizens.

In practice, they are the slave drivers and blood suckers.