The response given below by Dr. Teo Ho Pin just does not make any sense. It does not give the rationale for doing such a deal.
1. One important missing information is cost of developing the software. Selling the software means that they have to incur the cost of redeveloping the software if the AIM decides to charge an exorbitant fee for the leaseback or if it decides to terminate the leaseback. This will put their constituents on the hook.
2. They sold the software for $140,000 and leased it back for $785 per town council per month. There are 14 town councils so the total paid to lease the software i $11K. AIM gets its money back after 13 months and starts to make a profit after that at the expense of constituents. This looks like a financially unfavorable deal that will cost the town councils more money in the long run.
"Dr Teo said although five companies collected the tender agreement, the sole bid was submitted by AIM, a company fully owned by the PAP." - Report Below.
The PAP Town Councils owe the people an explanation for what it has done. I'm surprised that a company fully owned by the PAP is allowed to even bid for the contract given the potential conflict of interest involved here. The explanation reported below is completely unsatisfactory for anyone who has any ability to think and reason....it insults the intelligence of Singaporeans.
--------------------------------
Computer firm says town council's claim "inaccurate"
by Tan Qiuyi
Updated 06:09 PM Dec 24, 2012
SINGAPORE - A disagreement between Aljunied-Hougang Town Council (AHTC) and a company that used to provide its computer and financial systems continues.
In a letter to the media, Action Information Management Pte Ltd (AIM) said AHTC Chairman Sylvia Lim's allegation that a service extension with AIM had to be "fought for" was inaccurate.
AIM said two service extensions were granted - in August and September 2011 - before the contract lapsed.
AIM also said it would have agreed to a further extension if the AHTC had asked for it.
As AHTC did not do so, the contract was allowed to lapse.
AIM Chairman S Chandra Das said the company's current directors, three former People's Action Party (PAP) MPs, namely himself, Chew Heng Ching, and Lau Ping Sum do not receive directors' fees or any other benefits.
In a separate letter, PAP Town Councils said its Town Councils Management System (TCMS) was sold to AIM through an open tender, and their contract was in accordance with the Town Councils' Financial Regulations.
Ms Lim had earlier asked why PAP Town Councils (TCs) had transferred ownership of its computer software to a third party, and questioned the AIM's contract with the PAP TCs.
Coordinating Chairman of 14 PAP TCs Dr Teo Ho Pin said the TCMS owned and used by them was developed by National Computer Services Pte Ltd.
In 2010, PAP TCs called an open tender to sell the ownership of the developed application software.
Dr Teo said although five companies collected the tender agreement, the sole bid was submitted by AIM, a company fully owned by the PAP.
AIM offered to buy the software for S$140,000 and manage the system for a monthly fee of S$785 per TC, for an initial term ending 31 October 2011.
Dr Teo said after the 2011 general election, AIM decided to end the contract with AHTC.
AIM only owns the rights to the software, so all computer hardware belong to the respective TCs and these remained with AHTC when its contract with AIM ended.
Dr Teo also said the handover by AIM to AHTC took place from 27 May to 9 September, and during the transition, AIM had promptly handed over all data and information to AHTC in accordance with the TC's preferred format. CHANNEL NEWSASIA
121 comments:
Merry Christmas, Lucky Tan.
Banks don't approve loan = poor credit with banks; Unable to raise money in bond market = Market doesn't believe the company can repay their debt.
Conflict of interest is our middle name. Many PAP members and grassroots members have business interests in their town councils. Many in the civil service also have kinsmen who are PAP members. GIC and TH also controlled by the same family. So what's new
http://www.facebook.com/note.php?note_id=10151350566467559
http://www.facebook.com/note.php?note_id=10151350566467559
No way on GEBIZ for government tender can a PAP owned company be allowed to bid as even if they quote the cheapest price, there is clearly an alarming reason for that dire conflict of interest. Clearly, there are exceptions being made here.
What other companies are run by the PAP ?
Why is a software developed and funded by taxpayers money, sold to a sole bidder controlled by a political party ?
Why can't the rights of "Majullah Singapura" be sold to a company owned by the PAP ?
Why can't the PIE or ECP be sold to a company owned by the PAP ?
Why can't the roads and walkways of Aljunied-Hougang be sold to a company owned by the PAP? Then, if any resident of Aljunied-Hougang wants to use that road or that walkway, he has to pay a toll to the PAP. This will then "force" the people to vote for the PAP. Much better right?
Why can't the rights of "Newater" be sold to a company owned by the PAP?
Oh darn it, why don't we just sell Temasek and GIC to a company owned by the PAP?
Now how many other similar related party deals are there?
Lucky, I'm sure PAP is scrutinizing every word that you wrote on this piece. I wish you luck!
This shows how important and critical it is to have a 60% mandate from the people to get 93% seats to do such things.
Seen in this light, the whole thing will make sense, tio bo?
Hence if Lucky Tan or others want to make sense their way, they should have the common sense to know what to do.
I thought these things only happen in UMNO-land.
Why would any business tell a regular customer to fuck off? That is the question.
UMNO also got people's mandate what, though not as large as PAP mandate.
Unlike for PAP, I am not sure if UMNO can retain its mandate their coming GE.
And why would 60% want to vote for the PAP? That is the question.
What meritocracy??
Is allowing PAP members to win contracts servicing town councils part of our Singapore brand of 'meritocracy'?
Yes, the PAP must answer why there is a need to sell the software so that it can lease it back. Why they cannot employ an IT specialist from NCS to maintain it at a much cheaper cost. Did NCS produce a lousy software that needs so much management? What IT capabilities does a $2 company has? Are the five companies that tendered somehow related?" Is this similar to NParks saga?
PAP mastered the art of Legalize Corruption.
I wonder who gave them the legal advise.
PAP has the 60% mandate whether to answer or not to answer.
You want the answer? Get the mandate from the 60%.
"Get the mandate from the 60%."
Anon 25/12/12 09:17
Yes, chance akan datang. No need to wait till 2016.
Punggol East lah.
But if PAP wins again, then I think PAP no need to answer lah, tio bo?
Not too bad lah. Maybe only 60% of PAP is corrupt tio bo?
The lease of the application software was fixed at $785.00 for 14 TCs. The population of Punggol East SMC about 30,000. Does anyone believe all 14 TCs have standard population size of 30,000? The question that begs to be asked is whether TCs with smaller population size, eg Potong Pasir, are subsidizing TCs of larger populations at the standard lease of $785.00 per month to PAP TCs. Does Sitoh, (MP, Potong Pasir, have any comments about whether the voters who voted him in and to whom he promised to look after, any comments, Sitoh, MP, Potong Pasir
You want an explanation?
Vote in more opposition MPs to ask questions in parliament lor.
No Opposition MPs in parliament, no talk.
Can only blog and ask questions in the internet.
If I were Sitoh, I would not comment, let alone comment in blogs like Lucky Tan. What for?
I will just let voters "comment" at the ballot box in 2016, or earlier in Punggol BE.
Voters, especially majority voters comments, are what really matters, tio bo?
I am not Sitoh. That's why I comment so much in Lucky's blog. And as Anon some more. And unlike the 5% TKL, Lucky don't censor some more. Very nice fella, Lucky.
Teo H P needs to personally anwer this as there are simply too many absurdities in this extremely questionable deal. The only way for him not to to get away again (remeber the failed TC's lehman bros investment) is to flood Teo H P's FB with these very valid questions that he as Chairman of TC is responsible to answer and quell the public's concerns.
Not only 5% tkl, yawning bread censored anything he disagreed with u too
The explanation raises more questions.
I am no businessman but I can see
the deal between the PAP TCs and AIM doesn't make sense if not for being perceived as a political trap.
WP should table a question on this in Parliament and I am sure we are , especially AJHC residents, waiting for a comprehensive reply
Muddy Water,
Please examine carefully and thoroughly the transaction of computer management system between the 14 PAP town councils and AIM.
Do you think that we should short sell the 14 PAP town councils now?
Except for those who benefit from their liaison with the ruling party, i don't understand why the 60.1% condones such nepotism,cronyism and such an untalented lot.
Like the SMRT hiring more army men to run its organization.
Straits Times reported that AIM engaged NCS to maintain the IT system on its behalf. Now, NCS was the one who was previously paid by the town councils to develop and maintain the IT system. Why add a mddleman such as AIM???!? Is it becos AIM is just a shell company??
Town Councils operate under the Town Council Act.
The "Minister" has power to many things:
Financial Rules
43. The Minister may make rules to be called Financial Rules, not inconsistent with the provisions of this Act, for carrying out the provisions of this Act or any other Act by a Town Council and, in particular, such rules may provide for —
(a)
the collection, receipt, custody, issue, expenditure, due accounting for, care and management of all moneys of a Town Council and the guidance of all persons concerned therein;
(b)
the more effectual record, examination, inspection and check of all receipts and expenditure and the keeping of all necessary books and accounts;
(c)
the forms for all books and documents whatever required under the provisions of this Act or the rules made thereunder;
(d)
the purchase, safe custody, issue, sale or other disposal or writing-off of stores and other property of a Town Council, and the proper accounting for, and stocktaking of, such stores and property;
(e)
the preparation of estimates of revenue and expenditure; and
(f)
the making of advances to officers of a Town Council and other persons and the rates and limits of such advances and the rates of interest thereon.
Case closed.
Teo Ho Pin kept quiet on why he allowed a weird termination clause to be inserted in the contract with AIM,.
Corruption is rampant in Singapore. We only go after the unlegalized version. The legalized form often involves people wearing White, and our CPIB probably under orders to ignore.
Sadly, implication is that Singapore is being sold to PAP on the cheap!
Over time, will all the national assets bear the same theme? ie will our reserves assets go the same way? since there is no one to check? Even the so called President who is suppose to do that may not know what's going on..
It is so clear that the pap is behaving like they own Singapore and Singaporeans.
These scums must be purged from our society.
How to trust such people to run our country? Socialize losses but privatize profits. At this rate, Singapore will be bankrupt unless keep increasing CPF contribution rate and minimum sum and delay CPF payout!
Something is really wrong!
Yes, the PAP has insulted Singaporeans' intelligence for far too long. I have mentioned this in many of my posts. Singaporeans must send a very strong signal to the PAP by voting in an opposition that dare to question them on such issues. Currently, I could see No other oppositions, EXCEPT SDP who could live up to this.
My god. Is this a transition from moral corruption to full-on corruption?
Another of of those not-so-above-board deals, no?
Poor Dr Teo HP. He has that honour, as usual to try to give some sensible answers.
No fun, I guess.
This Town Councils crap, together with the 5 mayors was some bright idea to "out-source " many of the functions then under the HDB, if I am not wrong. Sure, private estates came into the picture to justify that "better service" sales pitch.
Same sales pitch as to why we have SMRT and SBS "competing " on the MRT. What BS!
Am waiting for some brave Civil Servant to call in the CPIB. Dream on, I hear in the background.
Not when the PM is still pondering a Big issue like a By-Election.
WHY NOT CORRUPTION OUTRIGHT AS IT IS AND BEATING AROUND THE BUSH?! THIS IS A VERY POOR STATE OF AFFAIR NOW IN SINGAPORE AND WONDER IF EVER, QUESTIONS AND ANSWER DARE TO BE OPENLY 'DEBATED' LET ALONE THE WARRANT OF INVESTIGATION, WHERE IS CPIB?!!!
y is it necessary to sell and lease back + maintenance in the 1st place?!
pls understand dat this is software, not hardware;
properly developed software dun require periodic maintenance.
even if changes are required from time to time as requirement changes,
it would most probably be much cheaper to pay NCS (the developer)
direct per change rather than pay AIM every month to just outsource to NCS.
or even sign maintenance contract with NCS direct.
but given the stable nature of town council business,
how many changes to software is justified for this roundabout arrangement?!
Have they already settled the expensive bikes and chairs issues? People in charge are throwing money into the water.
People are blind and brainwashed to vote for pussy action party.
thanks for sharing..
Give the papist Leegime the ultimate solution - KICK THEM OUT.
I understand the second extension given to WP was just 9 more days. This is a joke! If I were Sylvia I would also not be bothered to take up the offer.
The whole affair really stinks. The objective of selling the software, with such atrocious termination clause, can only be for one purpose only and that is to sabotage the opposition town council.
I always thought such underhand tactics only happen to some neighbouring countries, but it seems we are even worse than them on the inside.
There's really alot more than meets the eyes.
Chandra is very active in PRC and for all we know, as now legitimate "owner" of this town council management software system, he and his cronies could have benefitted by selling this software to PRC whereby public housing is mushrooming all over the place.
CAD/ CPIB need to seriously look into this potentially conflict of interest matter, not to mention benefitting from a system that is developed from taxpayers' money.
who approved the sales. do they have the rights to even do it ? on what kind of authority that they could do it given the lease back price vs the selling price ?
As Mah Bow Tan would say, selling the system cheap is tantamount to raiding the reserves!
as the 3 directors are not collecting “directors’ fees, so what is the whole business proposition, motivation and rewards for those involved ? totally nothing ?
Hey all merry Christmas, Dr Ho have given a reply no matter how shitty it may sounded, it will only turn their supporters to the bright side.
Another new twisted chapter to PAP's Guide To PAP Junk Economics, a must read for all ministers to be
"given a reply no matter how shitty it may sounded, it will only turn their supporters to the bright side."
shitty reply = daft citizens as they are expected to accept it as good answer & reasoning.
Hey Tony.
Does the sale of assets, including intellectual property, come under your office?
How will you safeguard Singapore assets if you don't even have a complete list of our assets?
2012 List of achievements:
Attending the Olympic Games.
Achievement for 2013
- Coming up with a list of assets that you will be safeguarding?
That is your job isn't it?
Either the govt led by LHL is incompetent or it is also involved up to its eyebrows in this sneaky deal to 'fix' the opposition ward of Aljunied GRC in the name of the pre-GE voting threat cast by one LKY, the father.
What the three ex-PAP MP stooges of Das, Lau and Chew did is however no laughing matter. Any one with a bit of brain would like an answer to the shenanigan of the 14 TCs using the residents' money to pay NCS to develop the package for some high fee (NCS is GLC). The fee would be no small beer considering the work involved and the 14 TCs that have to be installed and commissioned as well as the hardware cost and TC staff training.The 14 Town 'Çlowns' managers then collectively decides without any rationale made known so far and without any dissenting
voices, a.k.a GROUPTHINK, to do the absolutely paradoxical and brainless thing (that's why I call them stooges and clowns) to sell it to a $2
'kosong' ''çompany'' called AIM, owned by 3 ex-PAP MPs in order that the 14 TCs can now lease it back from AIM and in the process having to pay the company a monthly fee of almost $800 per TC.
IT IS EXTREMELY HARD FOR DAS, LAU AND CHEW NOT TO MAKE A WINDFALL 'LEGALLY' (AT THE PEOPLE'S).THE CORRIDORS OF THE PAP MUST BE PAVED WITH
GOLD.
I would love to hear the rationale from the cordinating TC led by Teo
Ho Pin for what they did, esp. what services is being provided by AIM to
the 14 TCs? Is it impossible that AIM could likely sign a contract with some IT service providers (including NCS) since AIM is only a shell
without even a clerk to its name, to service the system on the basis of cost to be paid by the TCs for services and work rendered! It would be one big merry go round at the people's expense isn't it?!
I would also want to know the total development cost of the package paid to the NCS by the 14 TCs as well as what happened to the $140,000
purportedly paid to the TCs by AIM to take over ownership of the package?
And what about the very explicit condition that the use of the package would be withdrawn when there is a 'material change'to a TC's
management? What kind of condition is that, to purposely sabotage a new
TC management simply because it's fom another party? If this is not playing politics at the expense of the residents and voters of Aljunied GRC, I don't know what is?
At best, the 14 PAP TCs' motive was to prevent the WP's TC's management's access to some of the boo boo they might have been committing and confidential data. At worst, it is to make good LKY's GE treat against the residents of Aljunied GRC using the party's henchmen no doubts to keep their post-MPship gravy train from the PAP open.
Unless one is blind, deaf and dumb or dead, it is mpossible not to see that the so called 'National Conversation' is one BIG HYPOCRITICAL CON JOB!
The hunt for PAPig gold begins.
http://en.wikipedia.org/wiki/Nazi_gold
Yes. Beg.
I had already lose Faith in PAP hyporcrisy long time ago. They don't give a damm of the people. All they wish for is to accumulate wealth and more $$$ for themselves. Even in the event when PAP lose in the future election. The amount of wealth they accumulate will allow them to migrate anywhere. Perhaps all this while SIngapore has been practising CRONYISM just like any Asian countries. This AIM case is but tip of the iceberg.
What the PAP has done is wrong but they will get away with doing wrong because they control the media.
Look at how badly abused our system is. It is all manipulated and fixed to keep the PAP in power at the expense of the people.
They have won 60% people's mandate to sell the software to AIM and then lease back from AIM.
In fact 66% (GE 2006), because the sale was before GE 2011.
So most important is to win the people's mandate. Can you? Try Ponggol East lah.
PAP may do wrong but 60% think it is less wrong to vote PAP than to vote opposition.
Selling Singapore assets without his approval?
This is a job for Uncle Tony!
AIM, a $2 pte ltd company is owned by the PAP, a political party that is currently the ruling party in Goverment, according to Dr Teo Ho Pin.
PAP is a registered political party, it has no legal basis to operate a business.
Is a registered political party even allowed to set up a shell company that operates a commercial business in the first place under the companies act. Worryingly still a sitting and ruling party to boot.
The PAP has a record of unaccountability and untransparency, One that conducts its business with a high-handed manner in a web of mystery and secrecy in its dealings.
The corridor of power offers control and empowerment, in a corrupted party it offers easy ways for manipulation of power centers and corruption, especially businesses and money matters.
Since Aim belongs to the PAP, it seems the 2 former PAP MPs, Mr Chandra Das and Mr Lau Ping Sum as shareholders has committed fraud under the companies act when they registered Aim at the Registry of Companies & Businesses under their name when in actual fact it is a shell company for the PAP to funnel slush funds since no disclosure was made that they were holding it for the PAP, highly dishonourable in thought and deed i would say.
Since AIM is a company fully owned by the PAP, why is PAP not registered on the company's record, and how much shares was PAP holding in AIM at the point the tender was tended and awarded.
Joshua Chiang
my 2 cents worth,
i think ali these arise because the govt stat boards, ministries started this so called "Mark to economic value" accounting in all their transactions.
i recalled there was a news article on this that the govt is trying to reverse this damage done.
We need better explanations!
Although it is only a $2 company, but there are different types of $2 companies. And also depends on who are the directors.
Just like it is only bread, but there are different types of bread. And also depend on where you buy from.
An interesting article on Sheldon Adelson.
Good friend of the US Republican Party.
http://www.businessinsider.com/adelson-political-investments-in-israel-2012-12
aiya, so easy! PAP increase our monthly Service and Conservancy Charges Fee can liao lo. isn't that what you gonna do?
When do they (MP) makes sense when they talked, even WP MPs agreed with the arrangement...
Did they make a police report/CPIB/AG Chamber or raise in Parliament.
Both of them wants to confuse all of us lah...
Whether agree or no agree with PAP, WP with only 6 MPs already no use lah,
Must have at least 60 MPs then got use.
If cannot, then forever no use lah.
I live in Aljunied GRC. Actually WP manage the AHTC quite OK lah, even better than PAP.
Of course in Parliament their performance is lousy lah.
But at least no fish, prawn also good lah, tio bo?
Is it the 5Cs??
Is it Corruption?
Is it Cronyism?
Is it Credibility?
Is it Cheating?
Is it Cheng-Hu?
NO! its Chee Heanism to the rescue!!
Ta-da!!
Waduyu think?
The End is near.
Not I say wan, it is showing
that it is coming.
Slowly they are losing their strong mandate to lead.
An American drinking buddy of mine who has been here for very long says that the PAP is fast degenerating into a Tammany Hsll.
What kind of company director without receiving any fees?
What kind of minister or CEO without high pay?
Lau Ping Sum runs the PAP's HQ. Wonder how that is being run...
This Blog is really good thanks for posting it.6 months industrial training in chandigarh
The gov can set up many $2 companies and transfer all the singapore reserves into those companies. What can you do? they have the mandate, the seats, the constitution, the immunity. it never pays to grow the greed of those rulers by voting them election after election.
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Don't know leh. When people get fed up like Arab spring. When can the dogs in power do? Call in the army, invoke their 60% mandate, hide behind the constiution, declare immunity? Still remember Saddam Hussein and his sons before and after. Great men tio bo, like Lee and Lee.
What really matters is how powerful you are, not the rationale or logic of your argument.
Be powerful. Then it really matters.
Power is in the hands of majority voters, say 60% in an election.
The majority voters then handed over the power to who they like more, or dislike less, in an election.
A $ 2 company provides critical software to town councils looking after millions of citizens. Enormous responsibility yes ? Yet directors receive no fees. Tell me again what rating did those TCs receive for governance ?
/// What really matters is how powerful you are, not the rationale or logic of your argument.
Be powerful. Then it really matters.///
You really should emigrate to the Middle East. They have the perfect government for you and the rest of the PAPig running dogs.
Actually, the rating for governance is determined by the majority 60% voters.
If 60% majority voters voted in PAP as government, it means they think PAP has governance rating which is the best available lah.
I say best available, not best hor.
Remember, in the kingdom of the blind, the one eye jack will be King.
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Sinkies got to console themselves that no matter the few recent corruption cases and the suspicions generated by Aimgate, Sin is still the least corrupted land.
How is it so? Talk to the Sinkie next to You and You will be assured.
Has anyone accepted any bribe from You?
Is the Brompton case just one of the instances of murky business being whitewashed through GEBIZ ? There are hundreds of postings where requirements are basically impossible to meet unless you have been given prior knowledge and a considerable headstart.Or else the published requirements are as skimpy as Lady Gaga's stage wear. It must cost alot of money to run this portal. Are taxpayers getting the best deal possible ?
More asset sales!
Six floors in AA Centre for sale.
http://www.stproperty.sg/articles-property/singapore-property-news/six-floors-in-aa-centre-for-sale/a/71096
How to protect our Singapore assets from being sold off to $2 companies owned by former politicians?
Vote Opposition in GE 2016.
Wow! Temasek bought Changi Airport cheap too. Hope it is not going to sell it for peanuts to some $2 PAP owned company. When that happens I know the answer will be Temasek is a private company and that MAS nor the Minister oversee it business deals. I wonder how many $2 PAP companies are out there and how many such fantastic deals they have secured from the TCs and Government. Anyway I know it's all legal because the PAP said so.
Did AIM declare in its tender document that it was owned by PAP. Failure to do so constitutes that it had not declared its conflict of interest. Under government IM there is a minimum rating for companies to participate in tenders and I am surprised a $2 company is allowed and I wonder who did the tender evaluation and recommended AIM. If this is the precedent than people should be worried how their TC are managed and realise that even if they loss millions there need not be held accountable. I guess I will not be surprised that the appointed broking firm which invested all the TCs money is also owned by PAP with a paid up capital of $2
the incumbent party should refrain from such questionable conducts, be it to reward party apparatchiks as legally as it can or to make life miserable for its political opponent. For many of the silent majority, a vote for the opposition party many a times stems from a wariness to guard against the possibility that behaviors like this could fester unless legitimate and effective check and balance are provided by the opposition party, if not any opposition party, rather than a lack of appreciation towards what the founding fathers and the incumbent party have done so far for the country. The incumbent is only discrediting itself and providing yet another example of confirming the saying Absolute Power corrupts Absolutely, giving yet more reasons to vote the other way for voters who do not harbor anti-incumbent sentiments if not for unbecoming behaviors like this, which ironically was done possibly by the incumbent with the intention of pulling back such voters into its arm.
I wonder why much hoohah about AIM and the fact that it is owned by PAP. I guess this is the first time the citizens are been openly informed that such companies exist. Such "PAP" owned companies have been in existance for a very long time. AIM was registered 20 years ago. If we look carefully there are so many such companies doing fantastic work for the good PAP government and there is nothing illegal about it. In fact there are also other companies owned by relatives of MPs and Ministers who have been doing great work legally for the government. Lee and Lee was one such company and it was proven in Parliament that there was nothing corrupt about that arrangement.
We must also understand that usually these companies are extremely profitable because they are run by the elites. The case of "AIM" is a very good example. Tell us how many of us can run a IT businesses without manpower or an office. Can we buy a software system developed at "undisclosed" cost for less than $150,000 and then lease it back to the users and recover the whole amount in a year. All this with just a paid up capital of $2. Just image, even if PAP loses all the 14 GRCs in the next election and decides that AIM should close shop, its liability is only $2. Smart is it not.
The real question is;
Why did the town councils sell the software to a $2 company in the first place?
Let's not answer for the PAP town councils. Although we can guess.
Let's employ due process and let them explain themselves.
Singapore's system of meritocracy at its best showing.
The Town Councils sold the software developed using residents' funds to a PAP-owned company so that the PAP can make good the prediction by an old fart that voters will regret voting in opposition. How sweet. This must have been one of LHL's great brain waves on how to fix the opposition. Now that they have said that they are not paid director fees or other payment, I wonder how is LHL going to buy his supporters' votes.
The top tier are blatantly corrupt. Less so on the middle and lower rung. However I am beginning to see the bad influences the top tier has on the next immediate level. When they see their political master indulging themselves, they also wanna have a go. If this is allowed to continue, eventually we will end up like Indonesia. With Indonesia cleaning up, there is a possibility that in the future, Singapore can be more corrupt than Indonesia. Like genuine democracy. Indonesia used to be in a worst form of dictatorship. Now it is certainly more democratic than Singapore.
AIM is a company run by elites with enough merits to submit the sole tender to the TCs. The other 4 companies that collected the tender documents did not have enough merits. Of course if you had known that the deal is so lucrative, you could have submitted a better bid and Teo Ho Pin would have awarded you the contract. This is what the Singapore meritocracy entails and the 60.1% understand this very well.
The KEY QUESTION is;
----------------------
Why were the merits of selling the software in the first place?
What additional merits and value does a $2 company bring to the operations of town councils?
PAP logo is almost the same logo as the British Union Facists logo. Lee policies are almost the same as any facist rulers.
But if they always have the mandate, there is nothing much the rest can say or do. They can always change the constitution whenever or whatever to please them. The 60% have to wake up and stop acting blind else what they have now will one day belong to the facist rulers.
"For peace, freedom and democracy
never again fascism millions of dead remind [us]"
An IT company with no website! If its smelly as a rat, dormant as a rat, then it must be a rat.About time a website be set up to collect all such PAP "intermediate companies", I know they have one for UMNO-watch. And in case one wonders why there's such a big hush hush over GIC and temasek's funds size ... just a glance at the directors' "Good class bungalows" worth over $20m tells you the answer.... sickening
I think an elected govt can do what they think is best as long as they have the mandate from the people.
And preferably a strong mandate of 93% seats with only 60% votes through a well designed electoral system like GRCs.
So you want to do what you think is best? Get the mandate from the people. This is the one and only way.
That's why the PAP Town councils think it is best to sell off the software and then lease it back.
Not what you think is best, because you don't have the people's mandate to think and do your way.
The KEY QUESTION is;
----------------------
Why were the merits of selling the software in the first place?
What additional merits and value does a $2 company bring to the operations of town councils?
Merits cannot be measured in $$ and cents alone.
In business, there may even be merits in even losing money.
the worst has yet to come. come next year, lee grandson will most likely be called into duty as a minister. since they have the mandate, they can screw us anyhow.
Doubt Singaporeans will accept a third generation Lee to continue ruling Singapore.
Nor will the Lees take the risk to put one in.
Hosay liao, Dr Chee said SDP will contest Punggol by election, if there is one.
5 corner fight some more!
PAP sure win, maybe can have 20% or 25% MP, besides 35% President. lol
If PAP wins Punggol by election, this will be the best answer to all the questions you all are asking.
Reasons why the other four companies did not submit their bid.
1. They are directly or indirectly controlled by the pap. Collecting the forms is for show only.
2. They got hints that this is a pap affairs and advised to stay out.
The deal is so lucrative, which businessman will not want to have a go at it unless they have got wind that this is a pap matter.
It is not far fetch to imagine that even the tender price was fixed.
This fiasco is a very good indications of the way things are done within the hidden walls of the papist Leegime inner sanctum where the Singapore Constitution and law are treated like shit. Where the famiLee and pap interests are paramount.
The KEY QUESTION is;
----------------------
Why were the merits of selling the software in the first place?
What additional merits and value does a $2 company bring to the operations of town councils?
Now I finally believe newspaper advertisments that you can make money with no money or own property with no money. I will save $2 each month. In 5 years, I can be a millionarie. Then I finally become white collar with white shirt.
Both the PAP and AIM have the same aim – to keep the opposition out.
PAP – People’s ACTION Party
AIM – ACTION Information Management
Actions speak louder than words – what an appropriate idiom.
This is the end of the dynasty. They will not risk by putting anymore family member in the political scene and face the shit when it hits the roof. It's time to slowly transfer the billions and bolt the country
The next time you see your MP, ask him if he owns any $2 company or if the TC have business with any $2companies owned by PAP
the residents of those town councils should stop paying conservancy charges until the accounts are properly explained.
If it stinks like a fish, it is a fish.
The aim of 14 PAP Town Councils vis-a-vis PAP's wholly-owned company of AIM smells very fishy indeed!
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I was at my tonw council once when a lady approached me asking where to get help if she cannot afford to pay her conservancy charges. I told her to try the dept whereby you pay your conservancy charges. She said she was turn away & told they were not in charge. She told me she go to other depts & also got the same answer. I was quite appalled by the lousy behaviour of the staffs BTW, this town council the one at Ghim Moh which losses a lot of money during the financial crisis for their investments. Sigh.........
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