SAF and MINDEF says Transparency INt is wrong

[steffychun]

http://www.asiaone.com/News/Latest+News/Singapore/Story/A1Story20130130-398923.html

http://www.mindef.gov.sg/imindef/press_room/clarification/30jan13_clarification.html#.USgFHlfWPyA

The Government explained why it does not publicise its military and security spending and stressed its safeguards against corruption in this area.

The Berlin-based group, which has traditionally ranked Singapore as one of the world's least corrupt nations, said in its report: "Overall, the defence and security sector is characterised by a dearth of public information, offset by strong controls against personnel corruption risks."

It grouped Singapore together with Lebanon, South Africa and Mexico as nations with a "high risk" of corruption within government defence.

It looked at 82 countries that accounted for 94 per cent of global military expenditure in 2011 and scored them in bands from very low risk (A) to critical risk (F), after assessing 77 indicators in five key risk areas: politics, finance, personnel, operations and procurement.

It said Singapore fared poorly in areas like financial risk, noting that "no information exists on asset disposal or on any scrutiny it may be subjected to". It also noted that no specific legislation regulates defence procurement.

 

[steffychun]

Is it right to be so secretive

 

[laksaboy]

If you think Brompton bikes and AIM software are an outrage, just wait till you see the transaction for the purchase of military toys.

 

[winnipegjets]

The PAP government has used this lame reason to hide so many things from sinkee. We don't know how much money does Temasek and GIC really have. We don't know how many hundreds of billions of our reserves have been lost to bad investment. We only get to hear the great news.

If we think everything is hunk dory in sinkapore ...we are just fools, then.

 

[steffychun]

The PAP government has used this lame reason to hide so many things from sinkee. We don't know how much money does Temasek and GIC really have. We don't know how many hundreds of billions of our reserves have been lost to bad investment. We only get to hear the great news.

If we think everything is hunk dory in sinkapore ...we are just fools, then.

Which is the worst of the lot: GIC, AIM or MINDEF

 

[johnny333]

Same excuse given to hide information about CPF. It's about the $$$$ spent/lost

 

[steffychun]

Same excuse given to hide information about CPF. It's about the $$$$ spent/lost

It's the same old story
But you never get it right
Give it up

http://www.azlyrics.com/lyrics/victoriouscast/giveitup.html