Every asset owned by Temasek belongs partially to CPF members

With total control of Parliament, 100% of our CPF became government loans.

It can be said that without our CPF, Temasek would not be managing hundreds of billions today.

central-provident-fund-in-singapore-cpf-invested-in-sgs2

Despite having used our CPF, every profitable GLC has been transferred to Temasek whose senior management are rewarded with double-layered obscene bonuses.

Clearly, CPF members should be benefitting more than Temasek senior executives from PAP’s (ab)use of our CPF.

But, unfortunately, we have been receiving rock-bottom long-term returns for decades.

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