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http://newnation.sg/2014/05/blogger...-monthly-payouts-of-50-after-pm-lee-turns-65/
A new compensation scheme has been worked out for the blogger who is being sued by PM Lee for writing lengthy blog posts.
Another self-designated lawyer who is not M Ravi has worked out a payment scheme for the blogger to make compensation.
The lawyer, Kong Chee Kim, said: “Since Roy Ngerng has already offered to pay $5,000 in damages, he can state as a clause that he can only disburse the sum as monthly payouts of $50. And this monthly payout will only start when PM Lee hits 65 years old, which is in three years’ time in 2017.”
“In the meantime, the blogger will pay a 2.5% interest rate per year for holding on to the $5,000 sum until 2017.”
“But the blogger must also ensure that he is always holding on to $5,000 minimum sum and any payout will only be possible, if it is above this sum.”
“And when PM Lee hits 65, the age limit could be changed to 67.”
A new compensation scheme has been worked out for the blogger who is being sued by PM Lee for writing lengthy blog posts.
Another self-designated lawyer who is not M Ravi has worked out a payment scheme for the blogger to make compensation.
The lawyer, Kong Chee Kim, said: “Since Roy Ngerng has already offered to pay $5,000 in damages, he can state as a clause that he can only disburse the sum as monthly payouts of $50. And this monthly payout will only start when PM Lee hits 65 years old, which is in three years’ time in 2017.”
“In the meantime, the blogger will pay a 2.5% interest rate per year for holding on to the $5,000 sum until 2017.”
“But the blogger must also ensure that he is always holding on to $5,000 minimum sum and any payout will only be possible, if it is above this sum.”
“And when PM Lee hits 65, the age limit could be changed to 67.”
