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Tag Archives: AIM

STATEMENT BY THE ONLINE CITIZEN, IN RESPONSE TO THE STATEMENT BY DR TEO HO PIN IN RESPONSE TO MEDIA QUERIES

Dr Teo Ho Pin issued a statement about the AIM transaction in response to media queries last night. The Online Citizen has already explained the problems with the transaction. To reiterate, these are the problems: a)    The glaring conflict of interest, in PAP-controlled Town Councils awarding a key contract to a PAP-owned company. b)   The failure by the PAP-controlled Town …

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A different look at this AIMishambles

By Jimmy Chan - AIMgate is such a clichéd term; I prefer AIMishambles to keep up with the times, after the Oxford English Dictionary 2012 Word of the Year omnishambles. The term refers to “a situation which is seen as shambolic from all possible perspectives” and is a fitting one to describe not just the original PAP town councils-AIM transaction, but …

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MND review and by-election

TOC Editorial One day after Prime Minister Lee Hsien Loong asked the Ministry for National Development to review the PAP town councils’ sale of an important software to a PAP-owned company and town council governance in general, he asked the President to call for a by-election in Punggol East SMC. A conspiracist might say that the by-election completes the PAP’s …

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Extravagant help for the needy?

By Leong Sze Hian The ChannelNewsAsia report "50 needy households receive free electrical appliances" (29 August) (link) said that: "Needy residents in the South West District received various free electrical appliances on Wednesday due to an initiative by the South West Community Development Council and appliance manufacturer Akira. Akira has donated S$120,000 worth of appliances for 50 low-income households. A …

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Are there systemic problems in our CPF system?

By Leong Sze Hian I refer to the article "Flexible, basic and cheap annuity scheme" (Today, Aug 27). Instead of spending the $750 million a year to pay the additional 1 per cent interest on the first $20,000 of the CPF Ordinary Account, and $40,000 of the Special, Medisave and Retirement accounts, growing these sums at say 5 per cent …

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