Recently there were alotta posts on the NKF saga. So I shall attempt to jump in the bandwagon. Few years back, somebody accused the NKF CEO of travelling first class and having gold plated taps in his office. They were sued. I am not sure of the details, but they lost and they made a public apology and paid some conpensation. Then some ST reporters reported on the travelling first class and the gold plated taps, they were sued too. But this time, ST got Darvinder Singh, I was told he's MM Lee's lawyer, to defend them. And this time, NKF was screwed big time. It was revealed that the NKF really travelled first class and have gold plated taps. In fact, he have a $600k annual salary, inclusive of a 12 months bonus. Wow!

That's public funds they are using. Our sweat and blood's in it. It's given to help the needy. Not to fund some1's lavish lifestyle. I thought they should be more prudent with it. I am ok with paying gd salaries to their employees. They were learning a living as well. They should be paid what they might be getting if they were to work to a similar capacity in another company. But isn't $600k annual salary and 12 months bonus abit excessive? Those money could have been used to help alotta other pp.

And to top it off, our dear SM Goh's wife, Mrs Goh, made a stupid comment about paying $600k to a CEO who manages a fund of millions to be peanuts. I shan't argue abt the validity of the statement. But at a time when pp were angry with it, this statment is not going to help anything. It is only going to make her look bad. And it did. She redefined the meaning of peanuts. Now, the ah peks drinking beer at the kopi tiams were opping $600k into their mouth together with their beers.

My friend told me he emailed SM Goh about this. He mentioned he found Mrs Goh's comments to be insensitive. He agreed and admitted that she made a mistake. But it's not meant to be a political statement and that she's not a politician, so she's do not have political instincts. I duno. I will have thought that it do not take a politician to know that it's a stupid statement, but at least he's being nice about it.