I quote a letter comment posted by a Singaporean on various online forums.
August 14, 2011 at 10:23 pm (Quote)
Dear Fellow Singaporeans
In the interest of transparency and in the spirit of being the voice of conscience,
this to correct the false impression that is conveyed in the Sunday Times article about tjs.
Tjs has no moral righteousness, compass or anchor and blows where the winds of opportunity takes him. He quit as PPS when it became apparent that he would not become perm sec. Tjs is driven by greed and selfishness.
After quitting the government, he joined Morgan Grenfell, then Peregrine Bank, Standard Chartered Bank and finally AIB Govett.
When Morgan Grenfell came knocking, tjs jumped at the chance. He promised to bring in much monies from the Malaysian conglomerates which he came into contact with during his tenure at MTI. His results at Morgan Grenfell speak for themselves, tjs did not deliver the monies and his peers soon found that he was a light weight load of hot air.
Tjs had a contributory role in Bank Peregrine’s demise. He did not dispense proper advice that the investment into an Indonesian concern was not viable. Tjs, the person at the site did not do proper due diligence.
At AIB Govett, it was reported that his strength was in policy making. This firm collapsed whilst others survived, obviously tjs’s policies were wrong. This forebodes poorly on the potential for tjs to be EP as at every employment stop he has demonstrated poor judgement. Translate this into safeguarding our nation’s reserves and it will result in disastrous consequences.
Tjs’s next stops at Standard Chartered Bank and Hi Green is also empty of significant contributions. He was forced out of Standard Chartered by his Indian boss.
His claim to be ‘not a lavish man’ is not true. In tjs ‘high flying’ years, tjs openly boasted that his income tax contributions were higher than an average man’s annual income. Tjs aspired to the lifestyle of his successful PAP friends and his banking colleagues. Tjs had his fair share of thoughts about redeveloping his Frankel Avenue house into a mansion.
It is obvious that tjs squandered his wealth on ill conceived and dubious ventures in his empty years. If tjs had prudently invested his wealth, he would be fairly well off. This can be verified by any banker.
2006 till present, tjs was unemployable as by that time the banking industry had seen tjs for what he was, no substance and only hot air.
Let the people exam tjs’s empty years for themselves. And these were indeed empty as he was trying to chase his ‘China make money’ dream backed up by casual connections made when he accompanied government officials in China state visits.
There was the attempt at marketing Chinese breast enhancement drug treatments in Singapore.
His attempt to provide training of bank personnel also failed as tjs could not deliver what he promised.
There is also an erroneous reporting that Tjs’s wife was an investment banker. This is inaccurate. Pls verify which investment bank she was employed under. In fact, Mrs tjs abused her position when she was with their 4th child. NTUC Income would not grant her paid maternity leave so she took unpaid leave but traded on her information from the NTUC Income equity positions she managed to make money for herself. In what ever manner one looks at this, this is a conflict of interest.
Tjs’s selective use of reality makes him dangerous to Singapore.
Reporting tjs an independent candidate is also very wrong. He was brought up through the PAP system and for a time worked within the system when he was PPS to DPM GOH. In truth, tjs is a rogue PAP minion setting out his own agenda to revenge the wrong that he perceives the PAP has done to him under the disguise of public interest.
Tjs cannot claim to be a people’s man and have the Singaporeans’ interest at heart. For those who know tjs, tjs thinks highly of himself, is full of himself, highly opinionated, talks down to people. Tjs can no way be representative of Singapore’s President.
I feel that tjs does not have our nation’s interest at heart; tjs has an axe to grind with the PAP because he is disgruntled that his dreams of higher government office was not realized.
This is very dangerous and a threat to our country’s stability and because of this I feel strongly that when reporting on tjs the truth must be correctly reported.
The Real Truth"