SMRT shareholders forced to donate $200k to public transport fund. CEO keeps bonus.

[Confuseous]

LTA said it will be tracking and auditing SMRT’s performance to ensure the operator adheres to standards set. The fine collected will be donated to the Public Transport Fund to help needy families with transport fares.

- http://sg.news.yahoo.com/smrt-fined--200k-for-security-lapse.html

MANAGEMENT COCK-UP, SHAREHOLDERS PAY. MANAGEMENT COCK-UP, CUSTOMERS INCONVENIENCED. MANAGEMENT "TAKES REPSONSIBILITY" BUT KEEP FOOKING BONUS. ALL THESE IN THE MIDST OF A 2 CENT RISE IN FARES PER TRIP. FOOK ME. UNIQUELY SINGAPORE!

 

[Confuseous]

Re: SMRT shareholders forced to donate $200k to public transport fund. CEO keeps bonu

SMRT's new theme song

http://www.youtube.com/watch?v=fgCTFyzKQtk