Bukit Batok - The $1.9m riddle, whose money?: What is this $1.9m upgrading package? To me it is a simple numb...

Let me organize the facts to make it clear to the residents of Bukit Batok and Singaporean. The $24m is the residents’ money and David Ong had proposed how it should be used for the residents when he was the MP. Would this plan be changed because there is a change of MP? It should not right? Or even if it should, the money, the balance that has not been used should still be available to the new MP to use for the benefits of the residents right? Oh, caveat, in a GE, when there is a change of MP, the money not used must be transferred to a reserves fund, cannot be touched by the new MP from another party even if it is the residents’ money. Don't ask me to explain the logic or stupidity of this provision. I am not a party to it. It looks mischievous. The money is not earned by the MP investing in some clever bonds. The money are contributions, collections from the residents. ...

Full article: http://mysingaporenews.blogspot.com/2016/04/bukit-batok-1...

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