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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)
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)