tag:blogger.com,1999:blog-4405345292513335071.post8364183592872431948..comments2024-03-19T18:44:15.041+08:00Comments on Little Stories: The NKF Story Goes OnGilbert Koh aka Mr Wanghttp://www.blogger.com/profile/01027678080233274309noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-4405345292513335071.post-55247494302232084792007-05-30T22:25:00.000+08:002007-05-30T22:25:00.000+08:00try following the chinese style --> death penaltytry following the chinese style --> death penaltyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-72973701062434953052007-05-21T05:33:00.000+08:002007-05-21T05:33:00.000+08:00To Boon:Regarding your defence of the innocence of...To Boon:<BR/><BR/>Regarding your defence of the innocence of von Pierer, please read the facts which i had posted as a comment to MWSS article "Our Honorary Citizen", May 14, 2007 4:45 PM.<BR/><BR/>He was in the know and it was documented in meeting minutes since the 90s.<BR/><BR/>FrauP.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-69066070416803361502007-05-19T19:04:00.000+08:002007-05-19T19:04:00.000+08:00Can we say that Regulators(Regulating Authorities)...Can we say that Regulators(Regulating Authorities) are as guilty whence those under their supervisions went astray? Hardly noticed any regulators taken to task< don know why!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-29786124124786605772007-05-19T10:02:00.000+08:002007-05-19T10:02:00.000+08:00Elaina Olivia Chong wrote: "Honesty is one part, b...<I>Elaina Olivia Chong wrote: "Honesty is one part, business acumen is another - does not a charity in Singapore, not need an enterprising head to drive the fundraising campaigns as well nowadays?"</I><BR/><BR/>Yes, but being a charity, it also needs one whose heart is in the right place, as much as his brain. Like they say: charity starts at home. :-)simplesandrahttps://www.blogger.com/profile/09835110235511998612noreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-85680301162937475172007-05-18T20:31:00.000+08:002007-05-18T20:31:00.000+08:00well mr wang, we shall see how things develop.. Bu...well mr wang, we shall see how things develop.. But somehow I don't see every single ex-KNF director being charged.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-35191973289445922322007-05-18T12:28:00.000+08:002007-05-18T12:28:00.000+08:00"mr wang which come first, the chicken or the egg?..."mr wang which come first, the chicken or the egg?"<BR/><BR/>For Mr Wang, it's neither. Mr Wang comes first lor.<BR/><BR/>Apart from the punt, would Mr Wang comment on the setting up of a 'Bail Court':<BR/><BR/>Does Mr Wang agree that that proves the original system was screwable. (Not that the existence of a Bail Court changes anything.)<BR/><BR/>I mean, who decided that whenever I appeared in court, the bail would be $50,000 everytime. Would a Bail Court now have decided otherwise.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-48615031258328626352007-05-18T06:30:00.000+08:002007-05-18T06:30:00.000+08:00"My question would be, why are Yong and Loo the on...<B>"My question would be, why are Yong and Loo the only ex-NKF directors to be charged?"</B><BR/><BR/>Short answer is that they are the FIRST of the ex-NKF directors to be charged and the rest are on their way.Gilbert Koh aka Mr Wanghttps://www.blogger.com/profile/01027678080233274309noreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-33735292643949820512007-05-18T02:18:00.000+08:002007-05-18T02:18:00.000+08:00Legally, of course one could make the case that vo...<I>Legally, of course one could make the case that von Pierer's at fault. But in an organisation as large as Siemens, do you honestly expect the CEO to know everything that goes on?</I><BR/><BR/>So why was that Chief Commando Officer forced to step down in the aftermath of the dunking death incident? Surely someone had to take responsibilty? But in the case of von Pierer, he resigned voluntarily. If it's not from a lack of integrity, I don't know what it is. I mean, Lee Kuan Yew didn't resigned when his then Minister for National Development Teh Cheang Wan received bribes, did he?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-58772153508366349652007-05-18T00:05:00.000+08:002007-05-18T00:05:00.000+08:00I was discussing the duties of directors at NKF as...I was discussing the duties of directors at NKF as well - in relations to a quote "Being honest is not enough to escape all potential liability under the law".<BR/><BR/>MWSS, I agree with you that "being honest is not enough...". Even more so today, directors have a naturalised obligation to ensure the profitability of the business for its shareholders don;t you think. <BR/><BR/>Honesty is one part, business acumen is another - does not a charity in Singapore, not need an enterprising head to drive the fundraising campaigns as well nowadays? What is the line between enterprise and charity??Chong Elaina Oliviahttps://www.blogger.com/profile/16239191672081611290noreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-16567586298022740572007-05-17T23:21:00.000+08:002007-05-17T23:21:00.000+08:00mr wang which come first, the chicken or the egg?mr wang which come first, the chicken or the egg?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-43779190151904922762007-05-17T20:55:00.000+08:002007-05-17T20:55:00.000+08:00wow, an entry dedicated to me! My question would b...wow, an entry dedicated to me! <BR/><BR/>My question would be, why are Yong and Loo the only ex-NKF directors to be charged? Surely all of them have failed to "exercise reasonable diligence to ensure that the company is properly run"? <BR/><BR/>Why didn't the prosecution charge all of them?<BR/><BR/>One possible reason is that these two have a higher degree of involvement with the evaluation of Forte Systems.<BR/><BR/>Another (more likely) reason is that these two are the scapegoats. <BR/><BR/>In the case of von Pierer, he appears to be as much in the dark as other members of the board. So it seems to be a political move - he makes a convenient scapegoat for the current CEO.<BR/><BR/>This is hinted at in your original reference article: "Von Pierer's move will probably disburden the present Siemens chief executive officer Klaus Kleinfeld who has gotten in a quite difficult situation by the different criminal probes within the company."<BR/><BR/>Legally, of course one could make the case that von Pierer's at fault. But in an organisation as large as Siemens, do you honestly expect the CEO to know everything that goes on? <BR/><BR/>That was why I felt it was not very good sport of you to mock the Singapore government for awarding his honourary citizenship.<BR/><BR/>Understand now, Wang? ;)Anonymousnoreply@blogger.com