25-05-2022, 06:08 PM
any more in SG??
This is What President job is, hold the reserve key this is why he need to ask yet???
" However, soon after his election to the presidency in 1993, Ong was tangled in a dispute over the access of information regarding Singapore's financial reserves. The government said it would take 56-man-years to produce a dollar-and-cents value of the immovable assets. Ong discussed this with the accountant general and the auditor general and eventually conceded that the government could easily declare all of its properties, a list that took a few months to produce. Even then, the list was not complete; it took the government a total of three years to produce the information that Ong requested. "
" In the last year of his presidency (1998) Ong found out, through the newspapers, that the government aimed to submit a bill to Parliament to sell the Post Office Savings Bank (POSB) to the Development Bank of Singapore. The POSB was a government statutory board whose reserves were under the president's protection; the move according to Ong, was procedurally inappropriate and did not regard Ong's significance as the guardian of the reserves; he had to call and inform the government of this oversight. Still, the sale proceeded, and the Development Bank of Singapore still owns POSBank. "
https://en.wikipedia.org/wiki/Ong_Teng_Cheong
This is What President job is, hold the reserve key this is why he need to ask yet???
" However, soon after his election to the presidency in 1993, Ong was tangled in a dispute over the access of information regarding Singapore's financial reserves. The government said it would take 56-man-years to produce a dollar-and-cents value of the immovable assets. Ong discussed this with the accountant general and the auditor general and eventually conceded that the government could easily declare all of its properties, a list that took a few months to produce. Even then, the list was not complete; it took the government a total of three years to produce the information that Ong requested. "
" In the last year of his presidency (1998) Ong found out, through the newspapers, that the government aimed to submit a bill to Parliament to sell the Post Office Savings Bank (POSB) to the Development Bank of Singapore. The POSB was a government statutory board whose reserves were under the president's protection; the move according to Ong, was procedurally inappropriate and did not regard Ong's significance as the guardian of the reserves; he had to call and inform the government of this oversight. Still, the sale proceeded, and the Development Bank of Singapore still owns POSBank. "
https://en.wikipedia.org/wiki/Ong_Teng_Cheong
