Redditer: Ong Ye Kung's relatives invested in a healthcare company and will make $10-15 million from its IPO?

[Nut]

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Ong Ye Kung's relatives invested in a healthcare company and will make $10-15 million from its IPO?​

Guys I was reading Jom Media and came across this piece : https://www.jom.media/p7-1sma-and-serene-koh-on-the-price-of-everything/

It mentions that the relatives of Ong Ye Kung, who is the Minister of Health , invested in a healthcare startup , and will make millions when it completes it's IPO.

Can anyone verify if this is the case?

Isn't this a huge conflict of interest? Since they benefit directly if healthcare costs go up?

 

[millim6868]

Politicians are all corrupted

 

[batman1]

If sham and vivian can made millions from GCB via insider trading : What's wrong with OYK also making some money from insider trading ? 555