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USD 3 billion per submarine, Australia is buying 5 for 15 billion USD, plus training and annual maintenance cost.
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Lacking capability to maximise ROI for CPF members savings to meet their future retirement, CPF CEOs fixing of OA interest rates becomes paramount.
By keeping a much lower OA rate @ 2.50% pa and longer than what were clearly stipulated "using Banks average 3 months FD rates" is contravening the rules.
Sadly, this is against the spirit of managing a national pension fund..
Singaporeans demanding an answer
(This post was last modified: 13-03-2023, 11:35 PM by
Scythian.)