- Joined
- Aug 7, 2008
- Messages
- 5,481
- Points
- 113
Re: Vivian: Even If I Knew Beforehand That It Will Cost S$390Mln, I'll Still Bid For
That arrogant (they all are) fella once again expose the lie behind the usual spin that the place is run like a company or Singapore Inc.
Which private sector company will allow the expenditure on a project to exceed by 3 times?
In reality most companies would probably go bankrupt long before that -and the idiot who is responsible for this fiasco sacked. In the private sector, more often than not, the directors have to give personal guarantees to obtain bank loans and you can bet that they will not allow this massive screw up in budgeting to happen as it will lead them to personal financial ruin.
This represents the height of irresponsibility due to total lack of accountability.Using public money for their personal glory while the masses are suffering .
Its evil and cruel.
That arrogant (they all are) fella once again expose the lie behind the usual spin that the place is run like a company or Singapore Inc.
Which private sector company will allow the expenditure on a project to exceed by 3 times?
In reality most companies would probably go bankrupt long before that -and the idiot who is responsible for this fiasco sacked. In the private sector, more often than not, the directors have to give personal guarantees to obtain bank loans and you can bet that they will not allow this massive screw up in budgeting to happen as it will lead them to personal financial ruin.
This represents the height of irresponsibility due to total lack of accountability.Using public money for their personal glory while the masses are suffering .
Its evil and cruel.