[GE2025] Punggol GRC

xdivider

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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
it was oso mas chair by boyong that never examine the extraction clause until ex ceo call sham. his point being.......
 

mel1888

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How to compare.
Gan was part of pap govt for many years.
If roles were reversed, u throw him into this role without any prior experience, he also cmi what. They throwin no logic arguments to convince voters.
 

jeffprobst

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LHL throwing NCM under bus?
If that’s the case, then it raises a serious question if they already knew that NCM was at fault, why was he still fielded as a candidate under Jalan Kayu GRC? What kind of signal are they sending to the people?

It gives the impression that there is no real accountability within their ranks, and that even if someone screws up badly, they can still be rewarded with the chance to become a minister. Actions like this undermine the public’s trust and show a worrying gap between the standards they claim to uphold and what actually happens in practice.
 

forests_gump

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[
Kam lan post.
So now must serve NS then can be MP? Means all female MP auto not qualified loh.

Khaw boon wan also turn sinkie at 25, never serve ns, but also become full fledged minister.

if you cannot take it that others have different opinions than you, can always dont come online.

or you can always threaten to shoot them with your p226 😂
Enough for the night, not gonna reply you further.

You are a very fit boomer. jia you for saturday!
A self proclaim Guards Recce, but where is your Ready to Strike ?!?

Next time, you can't stand by your claim better don't tell others, don't call others Kam Lam, or label boomer ~ you don't have the right to do so, kid
 
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Stormthundarr

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