Lim Hwee Hua defends Temasek's non-transparency

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The newly minted Minister in the Prime Minister’s office, Ms Lim Hwee Hua has spoken out in defence of Temasek Holdings.

“We have to ask ourselves if transparency is an end in itself, or if it is the means to an end,” said the Minister in the Prime Minister’s Office to Petir. “If all our cards are revealed in pursuit of complete transparency, does that serve the purpose of having Temasek and the Government of Singapore Investment Corporation manage the reserves well? The goal is really to value-add for all stakeholders.

“It is reasonable for people to ask questions, but ultimately the government holds the responsibility for deciding how much to reveal in our best interests.”

Read rest of article here:

http://temasekreview.com/?p=11900
 
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I also offered this advice to then NKF. The best way for NKF is to be "totally transparent". "If there are still more questions, then come up with more answers."

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“We have to ask ourselves if transparency is an end in itself, or if it is the means to an end,” said the Minister in the Prime Minister’s Office to Petir. “If all our cards are revealed in pursuit of complete transparency, does that serve the purpose of having Temasek and the Government of Singapore Investment Corporation manage the reserves well? The goal is really to value-add for all stakeholders.
It is reasonable for people to ask questions, but ultimately the government holds the responsibility for deciding how much to reveal in our best interests.”

Read rest of article here:

http://temasekreview.com/?p=11900
 
... “If all our cards are revealed in pursuit of complete transparency, does that serve the purpose of having Temasek and the Government of Singapore Investment Corporation manage the reserves well? ...
u want transparency, ah? ... u wanna c tis, meh? ... :rolleyes:

but dey can oni b kept securely inside ze closet ...


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