In what could be a smoking gun in the City Harvest Church court case, it was discovered that the 2 percent interest rate in the original bond documentation for a Special Opportunities Fund managed by a church member could not possibly yield $76,625. So a fudge figure of 5.05 percent was necessary to revise the tranche papers.
In the drawn out saga of the Town Council rates, the Ministry of National Development (MND) was off by "nearly S$1 million." The anonymous team there simply took the managing agent rate for 1 year, and multiplied it by 3. Ms Sylvia Lim had to remind them: "We had clearly stated earlier that the managing agent (MA) contract for the three years (2012, 2013 and 2014) provided for staggered pricing, with increase in costs factored in each year."
Mom was right all along. We have to pay attention to our math homework. But we know there's more to it than just simple arithmetic. Png was spot on when he told parliament:
Teo Ho Pin should pay close attention to what transpired in the 2006 election, when Wong Kan Seng, with the compliance of the sycophant press, droned on and on for days about James Gomez misplacing his minority-race candidate's application forms. The episode about the closed-circuit television evidence was immortalised in a famous podcast, and Wong won his place in the history books. Or perhaps Teo may prefer to take up Lim's invite to make a report to the CPIB.
In the drawn out saga of the Town Council rates, the Ministry of National Development (MND) was off by "nearly S$1 million." The anonymous team there simply took the managing agent rate for 1 year, and multiplied it by 3. Ms Sylvia Lim had to remind them: "We had clearly stated earlier that the managing agent (MA) contract for the three years (2012, 2013 and 2014) provided for staggered pricing, with increase in costs factored in each year."
Mom was right all along. We have to pay attention to our math homework. But we know there's more to it than just simple arithmetic. Png was spot on when he told parliament:
"Finally, I believe whatever that was written in black and white in the AIM transaction has been reviewed by the committee but whatever intention that was written in the hearts of the people that were involved in this transaction will remain hidden for their conscience and makers to judge."
Teo Ho Pin should pay close attention to what transpired in the 2006 election, when Wong Kan Seng, with the compliance of the sycophant press, droned on and on for days about James Gomez misplacing his minority-race candidate's application forms. The episode about the closed-circuit television evidence was immortalised in a famous podcast, and Wong won his place in the history books. Or perhaps Teo may prefer to take up Lim's invite to make a report to the CPIB.