[Manthink]

Interesting comments found on Utube...

".......Clever move, convert NTUC Cooperative(needs to take care of public interest) to NTUC Income(purely an insurance company w no obligation to public but only answerable to shareholder), then sell it off to a foreign company (Allianz, Germany) with profit for $1.85billion and distribute the profit among the shareholder short chaining the public? Where is the ownself check ownself? Isnt this case of more concern and seriousness vs the WP lying in parliament?....."

So the whole scheme started 2 yrs ago....?????

A loop hole in the law...that's why Parliament passed an amendment...

https://www.straitstimes.com/singapore/p...ome-tie-up