Corrupted Prime Minister Lee Hsien Loong yesterday (July 18) told state media that he hoped that his puppet Malay President will be “as well-loved” as the first president, Yusof Ishak:
“I hope it will be a President who will bring as much distinction and honour to the office and will be as well-loved and remembered by Singaporeans as Encik Yusof Ishak.”
The dictator Prime Minister rigged the Presidential Election by re-writing the country’s Constitution to pave the way for his PAP MP Halimah Yacob to be made President. Singapore will be holding the world’s first racist and elitist election reserved for a Malay who also has to be a CEO of a company with at least S$500 million assets – where less than 0.01% of the population qualifies to contest. The other qualifying entry is simply being a PAP MP.
Prime Minister Lee Hsien Loong currently controls the national reserves and CPF money through his abuse of power over the Monetary Authority of Singapore, Ministry of Finance, GIC (where he is Chairman), Temasek Holdings (where his wife is CEO), puppet President Tony Tan (whom he endorsed during the presidential election) and the cronies in the Council of Presidential Advisers.
As a result of the blatant conflict of interests legislated through his abuse of power in Parliament, CPF interest rate has been depressed at 2.5%, Withdrawal Age increased from 55 to 65 and Minimum Sum doubled from S$80,000 to S$166,000.