Produced by The Enquirer TV, The Singapore Enquirer

PART 1

[youtube=http://www.youtube.com/watch?v=rj0BIWRGCUo&hl=en&fs=1]

PART 2

[youtube=http://www.youtube.com/watch?v=XoXzZoZXLcs&hl=en&fs=1]

Excerpts from Mr Tan Kin Lian’s speech:

“Some of you have seen the MP and the MP did not do anything. Go and see him again, it’s the MP’s job, but this time ask the MP to ask MAS what happen to the petition, at least the MP must ask MAS on your behalf. If you ask the MP to give you back the money, the MP can’t.”

“Next is the prospectus. I have asked two lawyers to study the prospecturs, whether the prospectus has any mis-representation or non-disclosure.”

“I also ask the lawyers to get a Queen’s Counsel from England for opinion. If the opinion is not strong, then there is no need for you to take class action suit. If the opinion is strong, then we will ask you to take legal action.”

“If the FIs don’t give you the full information, complain to MAS as MAS is in charge of the FIs. As consumer, you have to ask for information about your investments as you have put in so much money, so put in writing your request. If they still don’t give you an answer, write a letter to complain.”

“Can I have a show of hands how many lodge complaint with FIRDReC ? Nobody.”

“May I have a show of hands how many interviewed by the bank, please put up. It’s about 10%. How many got an answer ? Okay, just 1%. Here there is 200 people, only 20 got interviewed by the bank and only a few got an answer. I think it is very slow.”

“Don’t feel shy to complain to MAS in writing because MAS put on their website the FIs are supposed to give you a reply in 4 weeks and now it is already 6 weeks.”

“Some people say all this is playing ‘wayang, wayang’, so you must go to MAS and tell them what is happening.”

“Somebody wrote me a letter to come and say ‘his family, his wife and himself under great mental stress, his money don’t know what happen, waiting for answer don’t know how long, every night cannot sleep’, so I hope everyone take good care of yourself, but if you are in trouble, go and see your MP, tell your MP you are under mental stress.”

“My last point is to give you encouragement. I know all this is very slow, but don’t worry, because this thing will never die, because the longer you carry on, the reputation of Singapore will go down, we won’t let it die. If later on Hong Kong or US, the court case is in favor of the investors, then Singapore is of course not so nice. So don’t worry, be patient. We just carry on until we get a solution.”

“I will give you another update next week. All right, so let me wish all of you seasons’ greeting and a better 2009. Thank you.”

Video source: The Singapore Enquirer with compliments to Jeremy Yau and team.

EDITORS’ NOTE: As of now, The Singapore Enquirer and The Wayangparty Club are the FIRST news blog to publish the video recording of Mr Tan Kin Lian’s speech at Hong Lim Park today which was not even reported by the mainstream media. Stay tuned here for Mr Goh Meng Seng’s ferocious walloping of the PAP tomorrow.

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