[GE2025] Punggol GRC

12midnight

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G6LHJ8V5.1+G6LHJ8V5.1_medium-900.png



Got a even more electrifying one he cry + point middle finger but take down liao change to this
This cover page is so obviously pro-pap. We all know who runs SPH anyway
 

Philipkee

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He also said that as chairman of the Monetary Authority of Singapore (MAS), DPM Gan deserved credit for stopping the deal between Income Insurance and German insurer Allianz, after questions were raised about Income’s ability to continue its social mission after the sale.

“It was the Government that stopped the deal, and it was MAS chaired by Gan Kim Yong that proposed new legislation that enabled us to stop the deal.”

At a rally on April 28, Mr Harpreet Singh, one of the WP’s Punggol candidates, had called on the Deputy Prime Minister to respond to an open letter from former Income chief executive Tan Suee Chieh that questioned his role in the deal.

Responding alongside PM Wong, DPM Gan said the deal was debated extensively in Parliament, and there was ample opportunity for MPs to raise questions on the matter.

“Many MPs raised questions, and we answered all the questions. So I think the whole process was transparent and upfront, and we had opportunities for MPs to ask questions on all aspects of the deal,” he told reporters.

There was extensive debate before the Insurance Act was amended to block the Allianz-Income deal, Mr Gan added.

PM Wong noted that Mr Tan had credited him and the Government with stopping the deal.

“But actually he shouldn’t credit me. He should be crediting Gan Kim Yong, in MAS, because they amended the Insurance Act in order that we have the legislative ability to put a stop to the deal,” said the Prime Minister.

“We are the ones who ensured it didn’t happen.”

https://www.straitstimes.com/singap...h-towards-livelihood-of-sporeans-says-pm-wong
I just saw the headlines. Isn’t this name calling? Just rebut point by point.

What LHL what regrettable or is it only regrettable when one side does it?
 

dezzo69

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He also said that as chairman of the Monetary Authority of Singapore (MAS), DPM Gan deserved credit for stopping the deal between Income Insurance and German insurer Allianz, after questions were raised about Income’s ability to continue its social mission after the sale.

“It was the Government that stopped the deal, and it was MAS chaired by Gan Kim Yong that proposed new legislation that enabled us to stop the deal.”

At a rally on April 28, Mr Harpreet Singh, one of the WP’s Punggol candidates, had called on the Deputy Prime Minister to respond to an open letter from former Income chief executive Tan Suee Chieh that questioned his role in the deal.

Responding alongside PM Wong, DPM Gan said the deal was debated extensively in Parliament, and there was ample opportunity for MPs to raise questions on the matter.

“Many MPs raised questions, and we answered all the questions. So I think the whole process was transparent and upfront, and we had opportunities for MPs to ask questions on all aspects of the deal,” he told reporters.

There was extensive debate before the Insurance Act was amended to block the Allianz-Income deal, Mr Gan added.

PM Wong noted that Mr Tan had credited him and the Government with stopping the deal.

“But actually he shouldn’t credit me. He should be crediting Gan Kim Yong, in MAS, because they amended the Insurance Act in order that we have the legislative ability to put a stop to the deal,” said the Prime Minister.

“We are the ones who ensured it didn’t happen.”

https://www.straitstimes.com/singap...h-towards-livelihood-of-sporeans-says-pm-wong

ownself pang pui then ownself tarik and say nice.
 

Laneige

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Like this then how many credits not given to the right person

And hmm who wana give the GO in the first place
 

Joseph12

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He also said that as chairman of the Monetary Authority of Singapore (MAS), DPM Gan deserved credit for stopping the deal between Income Insurance and German insurer Allianz, after questions were raised about Income’s ability to continue its social mission after the sale.

“It was the Government that stopped the deal, and it was MAS chaired by Gan Kim Yong that proposed new legislation that enabled us to stop the deal.”

At a rally on April 28, Mr Harpreet Singh, one of the WP’s Punggol candidates, had called on the Deputy Prime Minister to respond to an open letter from former Income chief executive Tan Suee Chieh that questioned his role in the deal.

Responding alongside PM Wong, DPM Gan said the deal was debated extensively in Parliament, and there was ample opportunity for MPs to raise questions on the matter.

“Many MPs raised questions, and we answered all the questions. So I think the whole process was transparent and upfront, and we had opportunities for MPs to ask questions on all aspects of the deal,” he told reporters.

There was extensive debate before the Insurance Act was amended to block the Allianz-Income deal, Mr Gan added.

PM Wong noted that Mr Tan had credited him and the Government with stopping the deal.

“But actually he shouldn’t credit me. He should be crediting Gan Kim Yong, in MAS, because they amended the Insurance Act in order that we have the legislative ability to put a stop to the deal,” said the Prime Minister.

“We are the ones who ensured it didn’t happen.”

https://www.straitstimes.com/singap...h-towards-livelihood-of-sporeans-says-pm-wong
Haha

I already said it before
Are they saying the sale could be forced through without PAP approval? Is it a forced takeover? Or NTUC went rogue?
 

Shion

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thanks for the explanation. but your explanation has no impact on my final decision.
 

Vincentlow82

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WP every member are more than willing to replace him.

As for Marine Parade GRC, it's obviously a trap after gerrymandering for worker party to sink in 5 member into there with little chance of winning. That why PAP is so butthurt their trap didn't work since nomination day.
 

jeffprobst

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Of course Gan Kim Yong, representing MAS, had to step in and stop the sale. If the transaction had gone through, it wouldn’t just look bad on NTUC but it would also reflect terribly on MAS too, which is supposed to be the gold standard for compliance in Singapore’s financial sector. It is literally Gan Kim Yong's job to stop any transaction that isn’t in the best interest of Singapore.

Let’s be real, if the opposition had not questioned it and raised red flags, do you really think he and his team would have reviewed the deal and stopped it on their own?

Stop taking full credit of changing the insurance act.
 

parchiao

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PAP calibre so lousy that have no one to take over?

It's not like as if GKY kick the bucket.

:frown:
 

swathe

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I thought he is bo bian because citizen complained. Just that he happens to be at the position.
 
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