We Pay and Pay to benefit foreigners

[Watchman]

We Pay and Pay to benefit foreigners
December 21st, 2010 | Author: Andrew PK Yap | Categories: Columns and Commentary | Tags: Indonesia, Singapore, Temasek

Citibank, Merrill Lynch, Barclays Bank, Shin Corp “make money from Singapore/Singaporeans to benefit foreigners” again and again…

When it comes to benefitting Singaporeans with their own money: “it will be very costly to keep the country flood-free”, PayAndPay minister, wife of Temasek’s boss… oops *husband, said.

Singaporeans’ money in the billions for foreigners is OK, but no money for Singaporeans to prevent floods.

QUOTE
Temasek Holdings Indonesian assets to be seized

Tue, Dec 21, 2010
AsiaOne

Indonesia’s anti-monopoly commission, the Komisi Pengawas Persaingan Usaha (KPPU), will reportedly confiscate Temasek Holdings’ assets in Indonesia in lieu of unpaid fines from Temasek and its subsidiaries, according to Indonesian paper Koran Tempo.

Temasek had been found guilty in 2007 of breaching anti-competition laws, after it was accused of having a monopoly on Indonesia’s mobile telecommunications market. It was fined US$15 billion. It has allegedly failed to pay this fine.

Eight of its subsidiaries – Singapore Technologies Telemedia Pte Ltd, STT Communications Ltd., Asia Mobile Holding Company Pte Ltd, Asia Mobile Holdings Pte Ltd, Indonesia Communications Limited, Indonesia Communications Pte Ltd, Singapore Telecommunications Ltd., and Singapore Telecom Mobile Pte – are reportedly being fined 15 billion rupiah (S$2.2 million) each.

When contacted by AsiaOne, Goh Yong Siang, Senior Managing Director, Strategic Relations said: “Temasek has not received official notification from the Supreme Court.”
UNQUOTE

 

[tonychat]

It is sure a protest going statement but does sinkies have the balls to do it?

 

[ivebert]

It is sure a protest going statement but does sinkies have the balls to do it?

Haha

They can be arrested for illegal assembly even if they go out alone.

You think they dare to do anything?

 

[cathylmg]

Haha

They can be arrested for illegal assembly even if they go out alone.

You think they dare to do anything?

When you say 'they', does it includes you? Are you an opposition? Or are you a FT trying to twist policies to your own benefits?

 

[tonychat]

Haha

They can be arrested for illegal assembly even if they go out alone.

You think they dare to do anything?

What so scared about being arrested? They did nothing wrong and it is their right to protest.

So ball-less.. shamefully ball-less. What a sinkie.

 

[123456787654321]

Aiyar now and then must give free gift to the stupid big brother mah. Singapore is the physically small smart little brother that brings in lots of bucks, and Indonesia is the physically big stupid older brother that thinks he's a great businessman but fails all the time. If the little brother doesn't want the big brother to do stupid things to make his life difficult like burning trash outside his room (haze... cough cough), he'll just "invest" in whatever hair-brained scheme his older brother can concoct and consider it a loss lor.