CitiNews: GIC Not Going to Reveal All

May 01, 2008 22:39

 
The man has spoken again. This time he spoke in the capacity of the Chairman of GIC. He claimed that GIC cannot be overly transparent with its investments.

He said, 'There are reasons why we do not think we should be too transparent. One, people will anticipate our moves. No company likes to have its moves anticipated. If you make your moves very ( Read more... )

citinews

Leave a comment

Comments 1

anonymous May 9 2008, 04:40:13 UTC
TRANSCRIPT OF MINISTER MENTOR LEE KUAN YEW'S INTERVIEW WITH HASLINDA AMIN OF BLOOMBERG NEWS ON 29 APRIL 2008 AT ISTANA (EXCERPT)

http://app.sprinter.gov.sg/data/pr/20080429980.htm

AMIN: If you take a look across the causeway. People are really surprised at how UMNO may be losing grip on power, do you see the PAP ever in that situation?

LEE: (Laughs) The moment the PAP becomes less than honest, above board in everything it does, the moment it is filled with people are not committed to the public good, but for their own selfish future, the moment we are not competent, we will be out, and we deserve to be out. We are in because nobody has been able to find a team that can equal us.

==============

How do u reconcile the above comments by the same person ?? Only 3 words -- Lan Jiao Wuay !

Reply


Leave a comment

Up