An honorable member of the Coffee Shop Has Just Posted the Following:
http://therealsingapore.com/content/...nses-each-year
Do you know that Temasek Holdings, run by the "esteemed" wife of Lee Hsien Loong, has been writing off $8 billion under "Administrative Expenses" every year since 2006?
This is on top of "Other Operating Expenses" which cost another $8 billion.
What justify such an eye-popping figure just for admin and operating expenses?
Do Temasek Holdings executives travel First Class on overseas trips? Or do they use Mont Blanc stationery in the office?
Why didn't the MSM pursue this?
Click here to view the whole thread at www.sammyboy.com.