According to sources close to the ruling party, Prime Minister Lee Hsien Loong will promote himself to be a Mentor Minister-equivalent after stepping down. The corrupted dictator will continue to draw the minimum ministerial wage of S$1.1 million a year as an advising minister, and retain his position as Chairman of GIC. Lee Hsien Loong’s wife, Ho Ching, is also expected to continue her ceremonial position as CEO of Temasek Holdings, drawing an undisclosed remuneration from the national reserves.
Based off accounts from Lee Hsien Loong’s siblings, the Prime Minister is arranging to make his son Li Hong Yi the future prime minister but an interim puppet PM is required. To that, Lee Hsien Loong has already chosen former army general Chan Chun Sing as his successor. To Lee Hsien Loong, the inexperienced Minister is “more obedient” and likely to act as per Lee Hsien Loong’s “advice”.
The selection of Chan Chun Sing however has been met with internal tussle as a good half of the ruling party supports Heng Swee Keat instead. Chan Chun Sing’s supporter base consists mostly of Lee Hsien Loong-loyalists like K Shanmugam, Khaw Boon Wan and Josephine Teo, and the former military generals like Ng Chee Meng, Tan Chuan Jin and Ng Eng Hen.
With the Parliament and Prime Minister taken care of, Lee Hsien Loong needs only intervene with the future presidential elections by ensuring his choice of candidate will always win through a walkover. With the President, Prime Minister, Parliament and sovereign wealth fund companies under his charge, Lee Hsien Loong could continue to have free access to the country’s national reserves and national retirement fund CPF.
CPF’s interest rates will continue to be depressed at 2.5%, while Withdrawal Age at 62 will be increased further. The end result will be status quo, where hundreds of thousands live in poverty and a million stuck in low-paying employment. The Singapore dictatorship will also borrow more to fund fanciful projects like Terminal 5 as it become addicted to cheap borrowings from CPF and the state-owned companies. As the cost of living would project to increase by 15% in 5 years due to multiple tax increases, birth rate will continue to dwindle which the dictatorship will dismiss as a non-concern as it maintains its import quota of new citizens from third world countries by 20,000 each.