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Temasek is the 1MDB of Singapore

dr.wailing

Alfrescian
Loyal
It was reported in the state-controlled media/propaganda machinery of May 9 2019 that the Monetary Authority of Singapore will transfer $45 billion from the official foreign reserves to sovereign wealth fund GIC this month for longer-term investment.

Sources:
https://www.straitstimes.com/business/mas-to-transfer-45b-to-gic-for-investment
https://www.businesstimes.com.sg/go...to-gic-could-give-government-revenues-a-boost

What has not been reported is that about two years ago, GIC transferred about 2.75 billions of US dollars to Temasick for so-called "investment" purposes. The transfer was kept under wraps on the order of the Emperor. Two years have passed and the billions of US dollars from GIC have all been used up (definitely not for investment for Sinkieland. Guess for what?)

The whole world knows that Their Majesties are the owners of GIC and Temasick. What Sinkies do not know or do not wish to acknowledge is Temasick is the 1MDB of Singapore and Empress Ho is the Bossku of Sinkapore. (There is a celebrity called Bossku in the country north of Sinkieland)
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
It was reported in the state-controlled media/propaganda machinery of May 9 2019 that the Monetary Authority of Singapore will transfer $45 billion from the official foreign reserves to sovereign wealth fund GIC this month for longer-term investment.

Sources:
https://www.straitstimes.com/business/mas-to-transfer-45b-to-gic-for-investment
https://www.businesstimes.com.sg/go...to-gic-could-give-government-revenues-a-boost

What has not been reported is that about two years ago, GIC transferred about 2.75 billions of US dollars to Temasick for so-called "investment" purposes. The transfer was kept under wraps on the order of the Emperor. Two years have passed and the billions of US dollars from GIC have all been used up (definitely not for investment for Sinkieland. Guess for what?)

The whole world knows that Their Majesties are the owners of GIC and Temasick. What Sinkies do not know or do not wish to acknowledge is Temasick is the 1MDB of Singapore and Empress Ho is the Bossku of Sinkapore. (There is a celebrity called Bossku in the country north of Sinkieland)

It actually much much worse then 1MDB. In 1MDB, the money is stolen by Najib, his wife, his family and their cronies. The Malaysian govt can still go after then and recover as much as possible, because a lot of the stolen money converted into properties, jewelry, cash, etc. The GIC and Stomachsick money on the other hand has been lost forever. Mostly conned by angmos and PRC, like UBS, Stanchart, Merrill Lynch, etc. How to get the money back from them? The part stolen by Whore Jinx and Gay Loong can try and get back, but the part conned by the other companies can never get back.
 

dr.wailing

Alfrescian
Loyal
The part stolen by Whore Jinx and Gay Loong can try and get back, but the part conned by the other companies can never get back.

Based on my sources, Whore Jinx and Gay Loong did not steal money from GIC and Temasick. What they did was to "borrow" funds from the two sovereign wealth funds to start their own investment vehicles for Familee. The idea came from Old Fart many years ago.

When their personal investment vehicles made profits, Whore Jinx/Gay Loong would "return" the "borrowed" funds to GIC or Teamasick. That's one of the reasons Emperor Loong says the accounts of GIC and Teamasick can not be open to the public.
 

winnipegjets

Alfrescian (Inf)
Asset
It actually much much worse then 1MDB. In 1MDB, the money is stolen by Najib, his wife, his family and their cronies. The Malaysian govt can still go after then and recover as much as possible, because a lot of the stolen money converted into properties, jewelry, cash, etc. The GIC and Stomachsick money on the other hand has been lost forever. Mostly conned by angmos and PRC, like UBS, Stanchart, Merrill Lynch, etc. How to get the money back from them? The part stolen by Whore Jinx and Gay Loong can try and get back, but the part conned by the other companies can never get back.

Every transaction comes with a hidden commission. Somebody is gaining despite the loss.
 

dr.wailing

Alfrescian
Loyal
Every transaction comes with a hidden commission. Somebody is gaining despite the loss.

The boards of GIC and Temasick consist of people who are lackeys of Familee. They are the one who receive generous commissions for helping Gay Loong and Whore Jinx "compromise" the country's treasury.
 
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