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Old 16-07-2014, 01:50 AM
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Thumbs up Did Ng Eng Hen Contradicted Tharman And MOF On GIC Managing CPF Funds???

An honorable member of the Coffee Shop Has Just Posted the Following:

Source: 1,000 Likes for a By-Election in Hougang

Yesterday at 6:01pm

oxygen:
July 14, 2014 at 4:49 pm (Quote)
DID DR NG ENG HEN CONTRADICTED BOTH THARMAN SHANMUGARATNAM and the Ministry of Finance on the role and relevance of GIC in managing CPF funds?

Read this from Hansard of Parliamentary proceedings between Dr. Eng Eng Hen and Mr. Low Thia Kiang.
HERE WE GO -
Mr Low Thia Khiang rose—
Mr Speaker: Mr Low, you can seek or make clarifications but no speeches.
Mr Low Thia Khiang: Sir, I would like to seek clarifications from the Minister. Does the Government Investment Corporation (GIC) use money derived from CPF to invest? If the answer is yes, then the next question —
Dr Ng Eng Hen: The answer is no.
Mr Low Thia Khiang: Then no question.

http://sprs.parl.gov.sg/search/topic...7-WA_1%2B%2B11

DR. NG DENIAL IS EMPHATIC, BRIEF (one word and no elaboration needed) AND EXHAUSTIVE!!!!
WORKERS’ PARTY DID THEIR HOMEWORK and raised important CPF issues in Parliament.
WHAT DO YOU THINK?


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