NKF dropped the lawsuit against SPH yesterday after 2 days of cross-examination of the CEO. And now the backlash against NKF started. 3800 people have cancelled their monthly donations. Most of them said that they would resume donating when the CEO resigns.
I personally think that not only should the CEO resign but also the board of directors. I mean, the CEO had/did lots of things that they have to approve before he would dare to do it. For example, his 10 - 12 months bonuses during the time when Singaporeans either had: a) no job, b) suffered a pay cut. And in 2003 when he had a 10 month bouns, most people didn't get any bonus. The other example is NKF paying for his personal car's road tax and repairs.
So what I say is get the board and the CEO out instead of just the CEO.
About Me
- Wolfgang
- Melbourne, Australia
- I'm a gay Singaporean currently working in Melbourne, Australia. I have been happily attached and monogamous (I added that in for the fundamentalist Christians) for the past 4 years (we are having our 5 years anniversary this year). I love Singapore but really hate the PAP. I'm planning to be a permanent quitter (as MP Goh put it) for I'm planning not to return, why be in a country and contribute to it when it hates you so much?
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