In a written response circulated in Parliament yesterday (Jan 9), Transport Minister Khaw Boon Wan lied that S$2 million paid on repairs and replacements to rail equipment after the flooding incident on 7 Oct 2017 was paid for SMRT:
“The cost of repairs and replacements amounted to about $2 million. This was borne by SMRT.”
However, the Minister omitted the fact that SMRT is a state-owned corporation and that losses or profits directly impact returns for Temasek Holdings.
The lying by Minister Khaw Boon Wan is also consistent with another lie told by Senior Minister of State for Finance and Law Indranee Rajah on Monday (Jan 8). Minister Indranee Rajah claimed that the US$422 million fine that Keppel paid is borne by Keppel, when again the returns on investment of the state-owned company is clearly affected.
During the flooding incident, train services running along the North-South Line were down for more than 2 days and affected more than 1 million commuters. Flood waters in the train tunnels were 1m deep and about 200m in total distance. According to investigations, SMRT did not do any maintenance resulting in the water pump system breaking down. SMRT was also found to have forged maintenance records. Only employees were taken to task for the incident while the CEO of SMRT, former army general Desmond Kuek, remains unharmed.