Sunday, July 3, 2005

Disclosure should be applauded

The disclosure by S. Dhanabalan on the decision process to appoint Ho Ching as the executive director of Temasek Holdings is an excellent step forward in better governmental transparency and openness.

Discerning Singaporeans and international investors will be questioning the possible conflict of interests, and political sensitivity of appointing Ho Ching, who is the wife of DPM Lee Hsien Loong, to be executive director of Temasek Holdings.

However, by addressing these concerns in public, Temasek Holdings should be applauded for this positive step.

The government should continue to strive for greater transparency and accountability to the people, to show that it will continue to remain as one of the most corruption free government in the world. Therefore, we should continue to have these disclosures.

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