Family of late former CJ Yong Pung How donates $20m to SMU’s law s
#1

Sarah Koh
PUBLISHED JAN 9, 2023, 12:01 AM SGT


SINGAPORE – The family of the late former chief justice (CJ) Yong Pung How has donated $20 million to the Singapore Management University’s (SMU) law school to set up financial aid and fellowship programmes as well as a research fund.

......

Mr Yong served as SMU’s pro-chancellor from 2008 to 2010 and as chancellor from 2010 to 2015. He was also the founding chairman of the law school’s advisory board from 2007 to 2011 and helped develop its curriculum when the school was in its infancy.

Half of the $20 million donation will be channelled towards the Yong Pung How Law Access Award, which will commence in the 2023-2024 academic year. It seeks to support first-year law undergraduates in financial need.

A sum of $5 million will be used to set up the Yong Pung How Fellowship programme to attract and retain faculty at the school, and recruit young law graduates into academia.

The other $5 million will be used for the Yong Pung How Research Impact Fund to accelerate the research endeavours and thought leadership of the school in emerging areas of interest.


https://www.straitstimes.com/singapore/f...law-school
[+] 1 user Likes Levin's post
Reply
#2

Ministers and judges are highly paid millions of dollars....that can easily come out donations....Don't know will our LKY's estate do donations?....
Reply
#3

(09-01-2023, 01:59 PM)Maybe in your dreams.ysh02 Wrote:  Ministers and judges are highly paid millions of dollars....that can easily come out donations....Don't know will our LKY's estate do donations?....

Maybe in your dreams. Big Grin

tomorrow will be a better day
Reply
#4

(09-01-2023, 01:59 PM)ysh02 Wrote:  Don't know will our LKY's estate do donations?....


when it starts to rain Mao Shan Wang durians from the sky................ Rotfl
Reply
#5

why need Donation?

Just scrap off " Mayors " already annual have ' that extra money for charity and for needy ones "

those funds extra squeeze from people is feed the Mayors
[+] 1 user Likes [[ForeverAlone]]'s post
Reply
#6

why late LKY did not donate anything ?
Reply
#7

(09-01-2023, 02:11 PM)Napoleon Porlumpar Wrote:  when it starts to rain Mao Shan Wang durians from the sky................ Rotfl
Rotfl
Reply
#8

$20 millions is a lot, how did he make sure money as a judge?
Reply
#9

reduce laopei karma for hanging many ppl
Reply
#10

we remember Francis seow
Reply
#11

Good example 

More to follow please
Reply
#12

(09-01-2023, 03:44 PM)TopSage Wrote:  $20 millions is a lot,  how did he make sure money as a judge?

CJs are highly paid officers, therefore they can amass millions in their lifetime............ Clapping
Reply
#13

(09-01-2023, 01:59 PM)ysh02 Wrote:  Ministers and judges are highly paid millions of dollars....that can easily come out donations....Don't know will our LKY's estate do donations?....

You cannot get blood from stones.............. Angry
Reply
#14

(09-01-2023, 03:44 PM)TopSage Wrote:  $20 millions is a lot,  how did he make sure money as a judge?

His family is quite rich as his father is the founder of the law firm, Shook Lin & Bok.

He was a lawyer before switching to finance. He became Chairman of Malaysia-Singapore Airlines and Deputy Chairman of Maybank.

He also formed Singapore International Merchant Bankers Limited (SIMBL) and the Malaysian International Merchant Bankers (MIMB) in Malaysia, serving as Chairman and Managing Director of both companies. And then he became Vice-Chairman of the Oversea-Chinese Banking Corporation (OCBC).

He only became a judge later after almost 2 decades in finance.

Guess he made quite a bit of money when he was in the finance sector.
Reply
#15

Magnanimous gesture 👏
Reply
#16

(09-01-2023, 02:18 PM)[[ForeverAlone]] Wrote:  why need Donation?

Just scrap off " Mayors " already annual have ' that extra money for charity and for needy ones "

those funds extra squeeze from people is feed the Mayors

If they scrap the Mayors posts, they are able to save, 3.3 million per mayor per 5 term period.  Therefore for 5 mayors, we are able to save. 3.3x5=16.5 million per 5 year term, that could pay the cost of tuition for many financially poor uni. undergraduates............... Laughing Clapping
[+] 1 user Likes debono's post
Reply
#17

Means they get a 60m tax credit to offset taxes? Lol

Good reason to donate..
Reply
#18

(09-01-2023, 02:18 PM)[[ForeverAlone]] Wrote:  why need Donation?

Just scrap off " Mayors " already annual have ' that extra money for charity and for needy ones "

those funds extra squeeze from people is feed the Mayors

spot on.
Reply
#19

(09-01-2023, 04:22 PM)debono Wrote:  If they scrap the Mayors posts, they are able to save, 3.3 million per mayor per 5 term period.  Therefore for 5 mayors, we are able to save. 3.3x5=16.5 million per 5 year term, that could pay the cost of tuition for many financially poor uni. undergraduates............... Laughing Clapping

if you add the jlb (selected) president salary, it add another $20M.
Reply
#20

No wonder xjp said if want to 升官发财 go xjp
Reply
#21

(09-01-2023, 04:27 PM)K88 shu shu Wrote:  if you add the jlb (selected) president salary, it add another $20M.

That will add up to $36.5 million for a 5-year-term....... Rotfl Laughing nudie Gesti-109
Reply
#22

(09-01-2023, 02:18 PM)[[ForeverAlone]] Wrote:  why need Donation?

Just scrap off " Mayors " already annual have ' that extra money for charity and for needy ones "

those funds extra squeeze from people is feed the Mayors

The sad reality is u need money to retain people.


Smile
Reply
#23

(09-01-2023, 04:34 PM)Niubee Wrote:  The sad reality is u need money to retain people.

True, but they don't need to be paid obscene salaries........... Angry
Reply
#24

(09-01-2023, 04:39 PM)debono Wrote:  True, but they don't need to be paid obscene salaries........... Angry

True but they will run to higher pay


Smile
Reply
#25

Would be good and welcoming if the Madame P at the Istana can also chip in.
Reply
#26

(09-01-2023, 04:40 PM)Niubee Wrote:  True but they will run to higher pay

Run to which company, who would pay them such obscene salaries...............? Thinking
Reply
#27

(09-01-2023, 04:49 PM)debono Wrote:  Run to which company, who would pay them such obscene salaries...............? Thinking

MNC or banks etc. Govt has to pay until most of the needs are covered before these people will not go out searching..


Smile
Reply
#28

don't think it is from his salary.

don't think that his pay as judge can accumulated $20m
Reply
#29

(09-01-2023, 04:48 PM)hansamu Wrote:  Would be good and welcoming if the Madame P at the Istana can also chip in.

She did with $25 donation lah... The rest buy chicken and fish..
Reply
#30

(09-01-2023, 04:51 PM)drgn Wrote:  don't think it is from his salary.

don't think that his pay as judge can accumulated $20m

You are right to assume so, perhaps he is paid for working in the bank or private companies....... Clapping
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)