An honorable member of the Coffee Shop Has Just Posted the Following:
It's has come to a stage where a commission of inquiry is needed to resolve this mess. CJ Tan as someone aptly out that he practically regurgitated what was on the website and published it last Sunday.
The terms of reference should include
1) Acceptable real rate of return compared to the Industry
2) identify parties that benefit from the use of CPF funds in the investment area
3) The effect of the minimum sum and the withdrawal age on members.
A formal inquiry will force transparency and accountability both which has not been forthcoming. If this Government has nothing to hide and are prepared to stand by their programme they should not fear an inquiry into CPF.
Click here to view the whole thread at www.sammyboy.com.
28-05-2014, 03:40 PM
Parliamentary Commission of Inquiry on CPF
