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When" squeaky clean" Singapore loves corruption money from Indonesia

Discussion in 'The Courtyard Café' started by Leepotism, Mar 10, 2012.

  1. Leepotism

    Leepotism Alfrescian (Inf)

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    RI may press Singapore on asset repatriation, Timor Leste

    The Jakarta Post | Sat, 03/10/2012 9:06 AM A | A | A | Indonesia is set to kick off another round of high-ranking diplomatic talks with Singapore on issues deemed contentious in the bilateral ties of the two neighboring countries.

    President Susilo Bambang Yudho-yono is slated to host Singapore Prime Minister Lee Hsien Loong during the second annual leaders’ retreat held at the Bogor Presidential Palace in West Java on Tuesday. The first retreat was held in Singapore in 2010.

    Foreign Minister Marty Natalegawa said that among the top agendas to be negotiated was Indonesia’s wish for Singapore to support Indonesia’s anti-corruption drive.“When it comes to Indonesia-Singapore ties, talks about cooperation in the legal sector, such as extradition and mutual legal assistance for asset recovery, have always been brought up. This is important because it is about the interests of both countries,” Marty said on Friday at the Presidential Palace.

    While it is unlikely that any progress will be made toward achieving the extradition treaty that Indonesia longs for with Singapore, principally so that Indonesian corruption suspects can no longer flee to Singapore to escape justice, a source at the Palace said that Indonesia would instead pursue arrangements for the forfeiture of proceeds of crimes, particularly from corruption.

    Indonesia, listed as one of the world’s most corrupt nations, has not been able to persuade Singapore to agree to help it retrieve the billions of dollars of state money allegedly stashed in the city state by Indonesian criminals.

    Observers and activists have dubbed Singapore as a safe haven for Indonesian corruption money.

    A prime example is graft convict Gayus H. Tambunan, a former tax official who allegedly deposited large amounts of money in Singapore before he was arrested in 2010.

    Graft defendant and former Democratic Party treasurer Muhammad Nazaruddin also reportedly keeps his allegedly ill-gotten assets in Singapore.

    University of Indonesia international law expert Hikmahanto Juwana said he would welcome any effort by the Indonesian government to push for a deal on a bilateral asset recovery mechanism, although he acknowledged that it would not be easy because there was so much money in Singapore that originated in Indonesia.

    A 2007 report by Merrill Lynch and Capgemini stated that one third of Singapore’s high net-worth investors (those with net financial assets of more than US$1 million) were of Indonesian origin. The report also said 18,000 Indonesians had total assets of $87 billion there.

    “Yudhoyono must be able to assure his Singaporean counterpart that, by signing such a treaty, the country would no longer be perceived as a state run by illicit funds,” Hikmahanto said.

    Another priority in the meeting is Indonesia’s attempt to convince Singapore to accept the ASEAN membership of Timor Leste.

    “There have actually been political statements from leaders in the region to welcome Timor Leste’s bid to join ASEAN. Issues that are currently being discussed at the ministerial level concern the mechanism,” Marty said.

    On Wednesday, Marty met with Singapore’s Foreign Minister K. Shanmugam to discuss the preparation for the upcoming meeting.

    Marty said that he and his counterpart Shanmugam had agreed that the Bogor meeting would also focus on boosting substantial bilateral partnerships in the sectors of economy, trade and investment.

    “Part of the upcoming meeting will also be used to continue negotiations on border affairs. Issues concerning regional and global matters will also be discussed too,” Marty said.

    “The two nation leaders will first review the development of their relationship after the first meeting in 2010,” he added.
     
  2. scroobal

    scroobal Alfrescian Old Timer

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    I remember when in Primary 2, an Indonesian kid who joined Primary 1 sponsored the building of a pond in the school garden. A few years later another Indonesian kid donated a Yamaha organ.

    Life goes on while the old man insist that he fights corruption.
     
  3. Leepotism

    Leepotism Alfrescian (Inf)

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    Old man is indeed a charlatan of the highest order. The vast wealth of these corrupt Indonesians is beyond words.
     
  4. Narong Wongwan

    Narong Wongwan Alfrescian (Inf)

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    Many rich indos kids came to study back then....primary and secondary after that go US for uni.
     
  5. GOD IS MY DOG

    GOD IS MY DOG Alfrescian (Inf)

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    clean corruption.................a LKY patent..............


    it's not corruption when you make it legal
     
  6. halsey02

    halsey02 Alfrescian (Inf)

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    WHat did you parent donate? did they get their names on the list at the front porch of the school as donors to the school building fund, under which category??
     
  7. condom_loong

    condom_loong Alfrescian Old Timer

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    You must understand that IS the main Nutrients LKY's "squeaky clean" red dot & his Loong Son had grown up off.:eek::*:

    The real HARD TRUTH!

    :D:p
     
  8. zeddy

    zeddy Alfrescian (Inf)

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    Mr Yudhoyono must understand that in Sinkapore, this is considered LEEgal Corruption..:rolleyes: :rolleyes: Jakarta can wait long long.. PAP the most cleanest Govt in the world will not cede to their request...:rolleyes:
     
  9. rusty

    rusty Alfrescian (Inf)

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    A little bit of corruption is ok..he said.

     
    Last edited: Mar 10, 2012
  10. scroobal

    scroobal Alfrescian Old Timer

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    Wait till you see one GLC's chief interpretation of corruption. No money but sending the chap for medical treatment to a 1st world country and placing the kids in the west is not considered corruption and ok for him.


     
  11. myo539

    myo539 Alfrescian Old Timer

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    Why would you believe in one of the most corrupt countries when you don't believe in one of the least corrupt countries? Are you a masochist?

    Many rich Indonesian business people - especially the Chinese - park their money here because they do not trust their own government. Moreover, instability through rioting, burning and lootings are not uncommon in Indonesia - if one can remember clearly. For those corrupt government officials, they don't just park their ill-gotton money in Singapore. There are many other places which they banked - include FT Labuan.

    Singapore is just an excuse - because it is small and easier to bully. Moreove, if getting queaky clean Singapore to endorse their "anti-corruption campaign", it will add credit to their credibility. Singapore government knows that if it signed the agreement, corruption will still go on as long as Indonesia exists - because it's so ingrained in their society.
     
    Last edited: Apr 1, 2012
  12. eErotica69

    eErotica69 Alfrescian (InfP) Old Timer

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    The Indoensian Government is barking at the wrong tree!! They should clean up their own Government first on corruption, starting from the top!!

    So what if the treaty is signed? The money can always move to another place!!
     
  13. Kohliantye

    Kohliantye Alfrescian (Inf)

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    I have great admiration for the Jews.

    Their ancestors suffered from Hitler's Holocaust.

    Millions of lives were lost at the hands of the Nazis, SS members and their collaborators.
    The present Jews, spearheaded by people like Simon Weisenthal, a prominent Nazi-hunter managed to "discover" many ex-criminals from the Holocaust era.
    Nazi-hunters offer reward for information and such a scheme promises results.

    Maybe Indonesia should also consider such a scheme so that those with their ill-gotten wealth can be brought home for trial.
    The only way to do so is for Indonesia to establish closer diplomatic relations with the State of Israel.
    Go to Hell with what your neighbours think of such a diplomatic relationship.
    Think of the billions that you have lost.
    Your people need it.
    Not the spoilt kids of those thieves who live in palatial bungalows here and commute in fast cars.
     
  14. Kinana

    Kinana Alfrescian Old Timer

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    First of all, where is the evidence that whatever money that Indonesians put in Singapore are corrupt?
    The charge is simply illogical to begin with. If these money are truly corrupt and is meant to be therefore hidden from the Indo govt, why don't the depositors transfer them into Swiss accounts instead?

    You see, these Indos are simply trying to find fault with singapore because we are a little red dot to them.
     
  15. blissquek

    blissquek Alfrescian Old Timer

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    Ok..Here is the real hard truth.....the ordinary man in the street is paying for this..

    Beocs of the spat in asset repatriation of corrupt Indonesian officials..

    .....we are unable to buy sand and granite from them..

    .... we are unable to ask them to clean up their air...they will keep smogging our island with their
    bush fire.

    Ulitmately, Singaporeans have to pay higher prices for basic construction materials
    and we end up paying thr our nose very high prices for our apartment. .
     
  16. hairylee

    hairylee Alfrescian Old Timer

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    Our economy in the 70s were already driven by their corrupt money.
     

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