SG Talk

Who is going to be held accountable?

This is the reason for the losses

Chief Investment Officer Rohit Sipahimalani from CECAland

(14-07-2023, 10:13 AM)pinkpanther Wrote: [ -> ]https://www.theonlinecitizen.com/2023/07...ly-profit/

Another ridiculous case that STINKS like Hell.
Especially since the CEO who lost the money is unwilling to declare her salary
And there are now newspaper reports from India that she is now a BILLIONAIRE?!?!?
Same with DBS idiot who conveniently raised his own salary skyhigh ( reason higher interest rates equals more profit - no ability from him what?!?!)
JUST BEFORE the share price tumbled like a bomb and stayed down thereafter. ( caused by global bank downturns)

No lose money then I worry

(14-07-2023, 01:06 PM)aiptasia Wrote: [ -> ]This is the reason for the losses

Chief Investment Officer Rohit Sipahimalani from CECAland

Rohit Sipahimalani
Chief Investment Officer at Temasek

Dilhan Pillay Sandrasegara
CEO of Temasek

Temasek reports *5.2%* *drop* in portfolio value; maintains cautious investment stance

........

Managing Director, Monetary Authority of Singapore (MAS) : Ravi Menon

Monetary Authority of Singapore (MAS) made a *whopping loss of $30.8* *billion* , the largest in its history, which comes on top of losses of more than $7 billion in the previous financial year.

Which organisation under Ho Ching before, not losing money?

..

It's equivalent to increasing GST by 2%