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Old 07-09-2012, 02:58 PM   #17
Paul Bunyan

Join Date
Jul 2007
Age
58
Posts
4,495
Senior Member
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Well, let's look at this issue in perspective. If there is really a rogue govt and it started to give loans to some fishy institutions owned by the families of the politicians, there will not be any checks and balances applied. The money can just be squandered off. Lending (aka investing) money to (in) fishy institutions (linked to families of politicians) without parliamentary approval? Hey, I thought the PAP has been doing that all along, usually through the guise of Temasek, GIC or other govt linked entitities.
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