30 Apr '11, 12am

GE: SDP's Tan Jee Say questions DPM Teo, Dr Balakrishnan #gesg #sgelections

SINGAPORE: Singapore Democratic Party (SDP) candidate Tan Jee Say - who is contesting in the Holland-Bukit Timah Group Representation Constituency - has taken both Deputy Prime Minister and Defence Minister Teo Chee Hean and Dr Vivian Balakrishnan, Minister for Community Development, Youth and Sports, to task after being chided for calling the S$60 billion he had wanted to use from the national reserves "small change". The 57-year-old investment adviser picked on Mr Teo's comment at a People's Action Party rally on Thursday, when he asked the crowd whether they knew how many zeros there were in S$60 billion. "Let me ask the honourable minister, did you ask GIC, the Government of Singapore Investment Corporation, and Temasek Holdings how many zeros there were ... lost in bad investments?" he said. "Singaporeans have not been told the true figures of their investment losses....

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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