Why no clean wage policy for Temasek and GIC?

Although teachers have enjoyed free parking at schools for decades, MOE has decided to end this benefit from August.

MOE: “Free staff parking at schools a ‘taxable benefit’, not in line with clean wage policy“. CNA

A clean wage policy also means that salaries are disclosed, especially when it involves hundreds of millions in tax dollars.

Isn’t it strange that the remuneration of Temasek’s board of directors and senior management remains state secret? Questions:

What is CEO Ho Ching’s remuneration?
How many millions are paid to chairman Lim Boon Heng, a former minister?

Another organization which pays hundreds of millions to senior management and its board is GIC. GIC manages $360 billion in CPF funds as well as an undisclosed amount in reserves.

Although PAP ministers cost taxpayers tens of million$, at least their obscene up to 14 months bonuses is public knowledge.  Shouldn’t the remuneration of Temasek and GIC senior management and board – paid many times the total cabinet ministers’ salaries – be disclosed?

A ‘clean wage’ policy has to mean more than belatedly collecting a few hundred dollars from each teacher: hundreds of millions paid out from our reserves to Temasek and GIC senior executives must be accounted for.

Until this is done, PAP’s ‘clean wage’ policy is really all hot air.

PAP’s clean-wage policy is really a joke when information on the remuneration of obscenely-paid relatives and cronies remains state secret. ;(

 

Phillip Ang

* The author blogs at LikeDatOsoCanMeh.

 

 

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10 Responses to “Why no clean wage policy for Temasek and GIC?”

  • knnbccb:

    Manage..so CUNTfeel
    Swiss living…ten world wage till cPeeF not pupilsv $$$….hDigBitch $0 @99
    knnbccb

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  • Amos proved PAP hypocrisy:

    Selective use of clean wage policy proves (again) that PAP is a bunch of HYPOCRITES.

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  • LIONS:

    Clean Wage policy at Tema$ick?
    More like A *CLEAN UP* wage policy for Ching Hole$ n her lapdog$?!…LOL!

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  • HarderTruths:

    When did any third-world dictatorship do anything above board?

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  • Abe Lincoln on egalitarianism:

    “I don’t believe in a law to prevent a man from getting rich; it would do more harm than good. So while we do not propose any war upon capital, we do wish to allow the humblest man an equal chance to get rich with everybody else.”

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  • Trial Balloon:

    GST Trial Ballon failed, must find other ways to collect more money in the mean time. Build more cameras to spy on citizens.

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  • Bapak:

    This can only happen in this Sinkland, courtesy to 70% idiots. Even China not allows such hidden info to happen. In the west, probably there are protests & or riots. Stupid Sinkies allow it to happen.

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  • Greedy PAP:

    THE money grabbing behaviour of PAP is really disgusting and very very disturbing.

    Already people are paying the highest price for a car here and the highest road tax, yet PAP cannot let go but still keeps chasing after every cent.

    Now they use the excuse of BS clean wage policy.

    Play with words only.

    Even in backlanes there are parking lots.

    Voters must by now see that a one party state has led to greed and a self serving regime. They only have thrmselves to blame.

    SG is a dictatorship all but in name.

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  • Just answer: YES or NO:

    PAP’s “clean wage policy” means to “clean out” (i.e., “drain”) the money of Singaporeans including those in their CPF accounts so PAP can continue to pay its office holders and stooges in the civil service “out-of-this-world” wages plus big bonuses. YES or NO

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  • Taleban:

    Do the PM and his Ministers pay season parking for their car when they drive to work in their various ministries?
    What “clean wage” policy??
    There is what was called “fringe benefits” Some can have them, some cannot have them. Small matters of no importance.
    It is like a Businessman or Salesman entertaining their client for lunch, dinner or karaoke. The office staff don’t get to enjoy the food or drinks so does that means the Businessman or Salesman have to pay for their portion of food/drinks in order to be “clean wage”

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