The report also said Temasek had set up an European Advisory Panel in January but did not name the panelists, presumably also high powered who’s who in Europe. Temasek has big investments in these continents and needed good advices that money can buy. And these eminent people would not serve for free and would definitely be paid handsomely. I am presuming of course. They may be doing charity for Temasek by asking for peanuts and being in the Panels would be a great honour itself that is more rewarding in non monetary terms. It is more likely and realistic that such high powered people would not spare their precious time for free. The big question is how much?
How many of such Panels have been set up world wide and hopefully the returns are worth it. A better panel to pay for would be membership to the illuminati if money can buy membership to this cloak and dagger mysterious organization.
Has Singapore become a better and economically more sound in the management of its economy and hundreds of billions of dollars of investments? Or Singapore is still throwing money at anything that moves? How many of the failed bankers and financial professionals made redundant after the subprime and world financial crisis have landed here and given lucrative jobs, with Singapore being the Santa Claus in another form? The number of academics flooding the academic and non academic institutions in Singapore and the money paid to them is no small change. What is the return or benefit to Singapore for spending so much of the public’s money on such academics? Are they worth the money spent? Or they are just like hobbies to be collected to boost one’s ego, that we have so many trophies to wave around?
Would be good if this is discussed in Parliament, to conduct an audit and to assess if it is money well spent? Does Singapore have a bottomless pit of gold that we can just keep sharing with the rest of the world just to feel good?