[Update FOUR 02062014] Fund Raising For Roy Ngerng’s Court Case Against Lee Hsien Loong

Dear Singaporeans, first off, thank you so much to everyone and to all Singaporeans for your support! Today is Day 4 of the fund raising and we have managed to reach the target of $70,000. You can read more about what the court case is about and the fund raising appeal here.

I would like to thank everyone for the support and for the unity that we have shown. I had managed to speak to several Singaporeans who had passed the funds to me. They had wanted to thank me for standing up on behalf of Singaporeans to voice out. Please know that the support you give means a lot and I will continue to stay strong and stay on course with everyone.

As I had shared on my Facebook, I will update on the funds raised to be transparent and accountable. Please see below for further information on the funds raised so far, as of 5.00pm today.

Funds Raised So Far

We have raised $72,043.91 so far. The target is $70,000. Thanks to Singaporeans, we have managed to reach the target in 4 days. Thank you everyone.

Funds Raised  by 2 June 2014 5pm

Transaction Histories

Please see below the transaction histories of the bank accounts.

Below is the transaction history for the POSB Savings Bank Account 130-23068-7 (Ngerng Yi Ling). This is my personal bank account.

$66,528.49 has been raised from here.

2 June 2014 5pm-page-001 (1)

2 June 2014 5pm-page-002 (1)

2 June 2014 5pm-page-003 (1)

2 June 2014 5pm-page-004 (1)

1 June 2014 on 2 June 2014-page-001

1 June 2014 on 2 June 2014-page-002

There were also some transactions from 30 and 31 May 2014 which had not turned up when I had initially checked on those dates. Please see below the transactions.

31 and 30 May 2014 missed-page-001

31 and 30 May 2014 missed-page-002

Below is the transaction history for the OCBC Savings Bank Account 657-4-111750 (Ngerng Mui Choo). My father helped set up this bank account yesterday solely for this fund raising.

$2,873.82 has been raised from here.

OCBC 1 to 2 June 2014

Below is the transaction history for PayPal (royngerng@gmail.com). Please note that the PayPal is linked to my personal POSB bank account. I will include these amounts in the funds raised when they enter my personal POSB bank account, for ease of accounting.

$4,565.95 has been raised from here.

PayPal 1 to 2 June 2014a

PayPal 1 to 2 June 2014b

PayPal 1 to 2 June 2014c

Last night, I received 3 amounts of $70, $200 and $620 from three groups of people. This afternoon, I had also received $600. I was able to chat with two of them. With one gentleman and his friend, we sat at my void deck to discuss about the CPF. His colleagues had discussed the case and they would like to contribute to fight the case, and were supportive that someone had wanted to speak up on the CPF. With another gentleman, we also discussed about the CPF and I shared with him my thoughts on what Prime Minister Lee Hsien Loong had recently said in Parliament. You can read more about it here.

$2,641.60 has been raised via cash.

2014-06-02 18.13.09

2014-06-02 18.13.56We have reached the target of $70,000 for the legal and court fees. We have stopped putting out an active appeal funds at this point. For the actual amount of damages, we would only be able to know after the court case is over. Based on past cases, the damages go above $200,000.

I understand that funds might still be coming in. I will continue to keep a transparent records of the funds so as to be accountable and allow everyone to keep track of the funds.

I am thankful that many Singaporeans have come onboard to support the cause. The CPF is an issue that affects everyone, and this episode has galvanised Singaporeans. I will continue to do my part and stand strong to fight for answers on our CPF. Thank you for your support. I will continue to speak up on the CPF to raise awareness and to advocate for CPF changes that will benefit and protect Singaporeans.

On 7 June, we will be organising an event to demand to the Singapore government to #ReturnOurCPF. Read our demands below.

We have also set up a petition that you can sign here.

We look forward to seeing you on 7 June. The Facebook event page can be found here.

Return Our CPF Colour Boxes 2b@English

Return Our CPF Colour Boxes 2b@Chinese@without de

Advertisements

143 comments

  1. deys

    A groundswell of support & target is reached! $72,043.91 in FOUR days! WOW!
    What does this prove? You do the maths.
    So, see you at HLP this Saturday. Cant wait….

    LETS GET IT ON THEN!

    • Irina Tan

      This proves that he raised an average of $18k a day over 4 days. Also means that the number of retards in Singapore is pretty high.

      • deys

        Interesting indeed.

        “Some observers may find it shocking that the Auditor General claims to have observed unlawful behaviour on the part of the government, but in fact this year’s revelation follows even more serious breaches detected by the AG last year. As was first reported by Kenneth Jeyaretnam, the Ministry of Finance last year broke the law – in fact the constitution – in issuing a “promissory note” to the World Bank without presidential approval. In the same year, the Ministry for National Development was also found to have breached the constitution by engaging in unlawful accounting methods on a land reclamation project.

        In any normal democratic country, unlawful or unconstitutional behaviour on the part of the government would be a significant scandal, in Singapore however these mistakes go completely unreported by a mainstream media that apparently deems the cleanliness of a hawker centre to be much more significant. A mainstream media also that uncritically toes the government line on what constitutes “integrity“, but will surely not call the PM out if he maintains silence in failing to admit to the many unlawful mistakes that have been committed by entities responsible to him.”

        Read further here….
        http://www.tremeritus.com/2014/06/02/pm-lee-should-heed-his-own-advice/

      • wgdlarry

        So true!~ How can people support the likes of him? The amount will be better spend by putting it into a CPF account… I am not surprise if Roy will actually put all of that into his own CPF account. 😛

      • The Real Singapore

        There have been a lot of discussions on the CPF issue, thanks to Roy Ngerng. My take is that CPF members have been cheated of their hard-earned retirement savings by a government which lacks transparency and has complicated a simple system to confuse CPF members. CPF members need to take more responsibility for their retirement savings by demanding more transparency from their MPs. As more policy tweaks get implemented, our children will eventually face the brunt of stupid policies.

        From a simple objective of having adequate retirement savings, CPF policies have been tweaked countless times ostensibly for our good but its benefits have yet to be felt. Due to the frequent tweaks, the CPF system is now extremely unstable. It’s objectives are no longer aligned with those of its members.

        What’s wrong with the CPF system?

        1 CPF lumped with national reserves

        The first thing that is clearly wrong is our CPF savings are lumped together with the national reserves, a loan to the government in the form of Special Singapore Government securities. The reserves are managed by GIC, Temasek and MAS. Although it is generally believed that GIC manages our CPF, GIC claims it does not know. To understand why this approach is wrong, we need to be aware of the objectives of our national reserves.

        2 According to the MOF, the objectives of our reserves are:

        a “They provide a key defence for Singapore in times of crisis”. (the obvious question to ask is what has this function got to do with OUR retirement savings? Why is our CPF used to defend Singapore?

        b “The investment of our reserves also provides a valuable stream of income for the government budget,..”. (again, why is OUR CPF being used to generate an income stream for the government when the returns rightly belong to us?)

        How did our retirement savings even ended up becoming part of the budget?

        3 PAP government unilaterally decides for CPF members

        Through legislation and without any meaningful debate in parliament or through a referendum, the PAP simply shoved questionable policies down CPF members’ throats. Despite our pleas for a policy revamp which will truly serve our retirement needs, the PAP government entertains us with a bit of tweaks here and there. This worsens an already unstable system which may collapse one day.

        4 Segregate account for CPF funds is common sense

        CPF investment has a different objective from the national reserves and must have a separate account. The actual returns can then be determined with the returns, net of costs, credited to CPF members’ accounts. The government refuses to do so because it wants to continue using the returns from our CPF investments to form part of the budget. The government does not have the right to pay CPF members 2.5% to 4% and redistribute the balance to the budget.

        5 Confusing and hiding something from CPF members?

        The government says the annual returns from investments of our reserves is about $16 billion. (NIRC comprises up to 50% earned on the reserves) With an estimated total reserves of more than $800 billion, $16 billion returns, or about 2%, is really peanuts. Why are we paying millions to fund managers for such paltry returns? If Temasek Holdings is really making as much as it claims, the $16 billion could have easily been made from Temasek’s stable of shares. ($16 billion out of $198 billion – 8%) It is more likely GIC and Temasek have been underperforming and the only way to confirm this is through transparency. When GIC/Temasek repeatedly refused to be transparent, it is likely that they may be covering up huge losses. Both are sovereign wealth funds and there are none as opaque as ours.

        Source: https://thehearttruths.com/2014/05/20/your-cpf-the-complete-truth-and-nothing-but-the-truth/

        6 CPF returns below inflation rate a big joke

        The government emphasises the need for citizens to plan and provide adequately for retirement. However, it takes our CPF retirement savings for investments and pays us returns well below the inflation rate. Elderly Singaporeans are then forced to continue working, some probably till the day they die. If that is the case, why even talk about planning in the first place when all the government intends to do is shift the goal posts further by increasing the Minimum Sum? This is morally reprehensible.

        7 Doing the right thing

        The only way to regain trust by the government is to have a separate account for CPF investments. Such transparency will allow members to see clearly if the fund managers are performing well or having fun with our money. Should the government refuse to do the right thing, members will continue to suspect it is hiding huge losses.

        The poor investment returns of 2% is not an indication of our “strong reserves position” as the MOF claims. In fact, a 2% returns can be generated by any run of the mill investor with one eye closed.

        That our reserves have been increasing is not entirely due to the performance of our fund managers but contributions from land sales, budget surpluses and the government selling our state assetslike Senoko Power to a Japanese company for $4 billion in 2008, etc.

        CPF funds must be placed with a proper fund manager to generate sufficient returns for members’ retirement. It is an insult to CPF members when GIC claims it does not know where our CPF funds are invested when the board of directors comprises our PM, 2 DPMs, 2 ministers, Mr Lee Kuan Yew and nine other members.

        Conclusion

        The government has tried to complicate a simple CPF system in order to make things less transparent for members. It does not have the right to use part our CPF returns to supplement the budget with the balance going into the reserves.

        Our hard-earned retirement savings should not form part of the national reserves to defend our currency in times of financial crises.

        The shortfall in our retirement savings is entirely caused by the PAP government because we have beenpaid interest rates which are way below the inflation rate for 2 decades.

        CPF has been a source of cheap funding for the government for state investment and the opacity of such an arrangement indicates it is nothing but a scam. CPF members must demand transparency from the government failing which we will continue to be cheated of our hard-earned retirement savings. CPF returns must be returned to members

    • Albert Ng

      How stupid all those who donated are helping Roy to fight for the high income group.
      If CPF interested is paid 10% what will be the outcome?
      1. The high income group has the most CPF balance so they earn the most interest.
      2. The high income group will use more cash than CPF to purchase their HDB, thus keep more money in CPF to earn 10% interested.
      3. The low income have to withdraw their CPF to purchase HDB, they don’t have a choice. So with very little money in CPF they will earn very little even if CPF interest is 10%.
      4. The low income will avoid medical as they prefer the money in CPF to earn the extra interest. The high income can pay cash to seek medical.

      So paying high interest rate in CPF is helping the rich.. where does the money coming from? So this is really inequality to the lower income and is what Roy is fighting for.

      So many people choose to follow blindly, not everyone are born smart but at least don’t follow a fool.

      • Sgcynic

        lesser mortals green eyed with envy. if Roy did not manage to raise funds, the silent majority have spoken. they do not support Roy. now that Roy has managed such a feat, exceptional no less, oops, the silent majority is stupid. well, let’s hope they remain stupid enough to vote out the PAP then. Don’t follow a fool. We have seen what he is capable of in the past 2 decades.

      • Observer Tan

        Malaysia EPF paid out 6.35% interest last year. Malaysia no one study finance?

      • Aiyoh

        You go Msia loh. good luck to you trying to survive against their blatant pro-malay policies

  2. deys

    LOLs! Love that the CPF envelope was also used this purpose.
    ‘Genius’, whoever thought of that 🙂

  3. Mike

    This is unbelievable. Hey Roy, keep going…press on. And keep donating people, as the worlds richest pm will not be satisfied with just $70k. I will donate too. We do not want to see bankrupted by that high-minded bully and we like to send you to parliament to question on CPF! Don’t worry. Many Singaporeans won’t allow evil to touch you. Is this pm lees idea of constructive politics? It seems the national conversation is still ongoing and this time it is unstaged.

    • Irina Tan

      Haha do you really think the issue on CPF has not been considered by people in parliament? How naive.

      Evil? Do you think you’re in a movie right now?

      Politics? This has nothing to do with politics, it’s a simple court proceedings that was called to calculate the amount of money one person should pay another because he made untrue statements about the other person.

      • Ace

        The awakening! Scales fallen off the eyes of Singaporeans and realized that the emperor has no clothes.
        You cannot stop the tsunami sweeping the people of Singapore.
        Truly a thinking nation now.

        Irina is still pretending that the emperor is wearing haute couture clothes.

      • Bs

        No need to ask him or her to awaken, cannot u smell trace of IB from his wording. Glad they cannot donate negative amount to Roy’s account. 70k in 4 days showed something, we all understand. Let the IB post crazily out of fear.

      • From Beyond

        @ZYL
        People who don’t agree with you are dumb?
        So people who agree with you are dumber? Lol.

    • Albert Ng

      Helping Roy to fight for the high income group?

      If CPF interested is paid 10% what will be the outcome?

      1. The high income group has the most CPF balance so they earn the most interest.
      2. The high income group will use more cash than CPF to purchase their HDB, thus keep more money in CPF to earn 10% interested.
      3. The low income have to withdraw their CPF to purchase HDB, they don’t have a choice. So with very little money in CPF they will earn very little even if CPF interest is 10%.
      4. The low income will avoid medical as they prefer the money in CPF to earn the extra interest. The high income can pay cash to seek medical.

      So paying high interest rate in CPF is helping the rich.. where does the money coming from? So this is really inequality to the lower income and is what Roy is fighting for.

      So many people choose to follow blindly, not everyone is born smart but at least don’t follow a fool.

    • Chris

      Mike,
      National conversations are more effective if it’s face to face in groups.
      In the Internet, one can have multiple accounts and nicks. How do we know if u r who u r? Maybe u r foreigner, we also dun know.
      So, dun believe every thing u see online la.

    • w

      yeah. i guess vandalizing public property is an extremely civilized manner of showing support. Wonderful to know roy can count on such fans

  4. Unity is Strength

    There may still be damages…

    Unless you win, then LHL will have to be the one paying damages to you…and maybe you counter-sue??

    Please continue to fund-raise…

    It will take TRUE JUSTICE for the courts to rule fairly

  5. S$8 major surgery

    Roy, be strong. Do not let the pap IB folks distract you. These pap IB folks have no dignity. For bread they do evil stuff. For bread they sell their soul. Just ignore them. They amount to nothing.

    For one pap IB folk distracting you, there are thousands supporting you. These pap IB folks more sound than bite. As said before, they amount to nothing.

    About further collections. There is no need to stop collecting. If there is more than needed, you can always donate to the charity of your choice after the saga ends.

    Thank you from the heart for what you are doing. See you in HLP. Our further contributions will be handed to you in HLP. Be strong. Best wishes to you.

    • Albert Ng

      Helping Roy to fight for the high income group.

      If CPF interested is paid 10% what will be the outcome?
      1. The high income group has the most CPF balance so they earn the most interest.
      2. The high income group will use more cash than CPF to purchase their HDB, thus keep more money in CPF to earn 10% interested.
      3. The low income have to withdraw their CPF to purchase HDB, they don’t have a choice. So with very little money in CPF they will earn very little even if CPF interest is 10%.
      4. The low income will avoid medical as they prefer the money in CPF to earn the extra interest. The high income can pay cash to seek medical.

      So paying high interest rate in CPF is helping the rich.. where does the money coming from? So this is really inequality to the lower income and is what Roy is fighting for.

      So many people choose to follow blindly, not everyone is born smart but at least don’t follow a fool.

      • Ken

        Albert if you are really smart you should understand that if CPF members continues to get 2.5% on the OA while the average inflation in the last 3 years was 4.1% then there is a negative real return of 1/6%.

        If this continues going forward the low income group’s CPF savings and their purchasing power will be decimated while the high income group will not be hurt as much as they also have private savings too.

        To date about 50% of Singaporeans cannot meet the MS which means that they are the low income group of people. And you still want to decimate the purchasing power of their retirement monies with a *negative* real return of 1.6%? What are you smoking, man?

      • May

        Ken, the money that you put inside the bank only gives you 0.0125% interest. Why don’t you quote that instead?

  6. greg

    I think you should consider raising more to try and start the equivalent of the USAs ACLU. Google it. If your country does not have a group like this you may want to form one.

    • Albert Ng

      How stupid all those who donated are helping Roy to fight for the high income group.

      If CPF interested is paid 10% what will be the outcome?

      1. The high income group has the most CPF balance so they earn the most interest.
      2. The high income group will use more cash than CPF to purchase their HDB, thus keep more money in CPF to earn 10% interested.
      3. The low income have to withdraw their CPF to purchase HDB, they don’t have a choice. So with very little money in CPF they will earn very little even if CPF interest is 10%.
      4. The low income will avoid medical as they prefer the money in CPF to earn the extra interest. The high income can pay cash to seek medical.

      So paying high interest rate in CPF is helping the rich.. where does the money coming from? So this is really inequality to the lower income and is what Roy is fighting for.

      So many people choose to follow blindly, not everyone are born smart but at least don’t follow a fool.

      • Ken

        Albert if you are really smart you should understand that if CPF members continues to get 2.5% on the OA while the average inflation in the last 3 years was 4.1% then there is a negative real return of 1/6%.

        If this continues going forward the low income group’s CPF savings and their purchasing power will be decimated while the high income group will not be hurt as much as they also have private savings too.

        To date about 50% of Singaporeans cannot meet the MS which means that they are the low income group of people. And you still want to decimate the purchasing power of their retirement monies with a *negative* real return of 1.6%? What brand of alcohol are you drinking, man?

  7. Aiyoh

    So looks like Roy doesn’t have to use his own money or family money after all. It’s all covered by the Suckapreans. Don’t get so excited suckers. Wait till court case…. Roy, behave yourself on Saturday, Ok. Good boy !

    • Bs

      You really sucks. Judge from ur words. No diginity at all. Go get ur 50cents from ur boss. Aiyoh, life so tough meh? Even 50cents worth dropping your self esteem.

    • Observer Tan

      Only 2 GRCs?! I met at least 3 people this year who said they have voted PAP in 2011 and will not vote for PAP in 2016. One even predicted less than 50% for PAP. Signs of anger on the ground…..

      • Source

        I met at least 3 people this year who think you’re wrong. One even predicted 60% of your statistics are 100% unreliable! Signs of a small sample size?

  8. cresent

    i hope you are happy that your misguided post has made everyone think that they are fighting for CPF, but actually they are paying for the blunder you made.

    i think the part clarifying the uses of CPF indeed vaild, but, you have in all your posts tried to imply things that aren’t true. why not stick to the facts? can’t it garner you more popularity? do you really need to go to such extent to get readers or supporters?

    70k could be used to hire a team that can dissect and analyse the CPF in much greater depth than what Roy did, i hope everyone who donated can see the point. anyone who donated, you are not helping singapore or singaporeans. you are helping only Roy. and it does not contribute to freedom of speech nor democracy. it just promotes wrongdoings on the cyberspace.

      • Who Can Raise More Money?

        Why not Pinky also ask for donations from PAP running dogs to pay for his legal costs?
        Wonder how much money Pinky can raise?

  9. jhunuio

    70K is actually not a lot of money. loose change quite a number of singaporeans. even more loose change for more singaporeans if we are talking about fractions of the 70K.
    this shows not many are bothered with helping RN. Come on, $70, 000 from 3,500,000 singapore citizens took 4 days?????

    • From Beyond

      Roy did not use TV or celebraties to perform silly stunts to get so much crowd funding. Can imagine If he is President and organize a charity event we can target $70 million to help the poor.

      Huat ah!

      • cresent

        well, totally no connection to whatevers being debated on the table
        celebraties <= alright… i don't get this but i shall assume it means celebrities

        he simply used the innocence of people like you. which is totally alright with me (and alright with him of course, since he gets the money). its like telling people who dont know science oil and water can mix to form a homogenous solution, and fools will choose to believe without bother trying or testing out.

  10. Most Popular (ROFL) Prime Minister

    @ jhunuio
    blah blah blah.
    Just like your master, mee siam mai hum.

    So how much money can Pinky raise from his loyal (?) running dogs?

    • cresent

      just stop using proxy accounts dude. not cool
      and maybe speak human language if you want a human debate

  11. Mee Siam Mai Hum

    By the time SG 50 celebrations ends on 31 Aug 2015, high chance Ass Loon will call for an election. Despite the advantage from the euphoria generated by the Golden Jubilee, however this might be a miscalculated move as the economic cycle is long overdue for the bottoming out since 2008. So Ass Loon and his gang might want to cut their losses while the economy is still going strong and call for an election sooner rather than later. Now with the new irritation with Roy which they conveniently thought could be easily resolved with a few lawyer’s letters, they were caught flat footed by Roy’s assymetric warfare strategy, who constantly goaded and baited Ass Loon to up his ante and trap them where he wanted. A groundswell of support and wide publicity of CPF issues raised has gained traction among the local populace ensued. The support from the local populace fed up with the heavy handed approach by Ass Loon was unprecedented. Its not just the amount that mattered but the paper trail from the banking transactions has shown that the populace are no longer afraid to stand up for social justice. Now Ass Loon will be caught between a rock and a hard place. Drop the suit and accept the apology or proceed with consequences to the election results. And the 50 cents IB are desperate in their efforts to win the losing information war in cyberspace.

    • Albert Ng

      How stupid all those who donated are helping Roy to fight for the high income group.
      If CPF interested is paid 10% what will be the outcome?
      1. The high income group has the most CPF balance so they earn the most interest.
      2. The high income group will use more cash than CPF to purchase their HDB, thus keep more money in CPF to earn 10% interested.
      3. The low income have to withdraw their CPF to purchase HDB, they don’t have a choice. So with very little money in CPF they will earn very little even if CPF interest is 10%.
      4. The low income will avoid medical as they prefer the money in CPF to earn the extra interest. The high income can pay cash to seek medical.

      So paying high interest rate in CPF is helping the rich.. where does the money coming from? So this is really inequality to the lower income and is what Roy is fighting for.

      So many people choose to follow blindly, not everyone are born smart but at least don’t follow a fool.

      • Ken

        Albert if you are really smart you should understand that if CPF members continues to get 2.5% on the OA while the average inflation in the last 3 years was 4.1% then there is a negative real return of 1/6%.

        If this continues going forward the low income group’s CPF savings and their purchasing power will be decimated while the high income group will not be hurt as much as they also have private savings too.

        To date about 50% of Singaporeans cannot meet the MS which means that they are the low income group of people. And you still want to decimate the purchasing power of their retirement monies with a *negative* real return of 1.6%? What are you smoking, my man?

  12. Teez

    Roy you asked for this. You dug your own grave. 70k isn’t going to be enough. Not even 200k.

    I hope you’ll learn your lesson from this episode.

    • Francis

      for now, roy thinks he is a hero. to raise 200k shouldnt be a problem, there are foreign gorces who want to see singapore go down, and they will support him.
      and many singaporeans are so keen to clean up after him.

      • Deaf Frog's toothpick

        And there is a bogeyman hiding under your bed with a very sharp hatchet, if you do not support Roy, this bogeyman will slit your throat in your sleep. but not to worry, i can save you, buy black permanent ink and paint your whole body with it, in this way the bogeyman cannot see you in the dark, obviously it can’t kill something it cannot see.

      • Albert Ng

        Roy should ask for more because the damage could be above $1 million.
        If PAP never started CPF the bosses might have saved a lot of money and Roy don’t have to go through the problem.

      • Deaf Frog's toothpick

        if 1 million is not enough, better sue for 500million.

        “I am told it is like making love – it is always easier the second time!” – LKY

    • duhhh

      Yeah he is the man. Who else can go to a cafe to eat one plate of plain rice instead of cooking at home.

    • duhhh

      I rather have roy nerng blogging and holding rallies in hong lim park than sylvia lim and ltk representing an alternative viewpoint in public. I mean this is the way man! How else can you get free money? Screw the opposition who want to waste time thinking of the correct approach. They should spend more time churning out daily blogposts, going europe for research, print more tshirts for their rallies and go to cafes to eat plain rice!

    • singapore peace is overrated

      Yeah he should lead us. So that we all can experience what is it like to be truly jobless and scared for our lives. I mean where is the fun in being a peaceful country? Time for a roy nerng defense against the dark arts of cpf army!

      • Laurence

        Yes so that all of us can stay and home and do not need to go to work. Woohoo.

        After all peace is overrated and someone should bring down the evil PAP demon and let the political martyr Roy lead us to a golden era where we can earn $6000 monthly salary, cheap cars and houses, free medical benefits, no CPF and lots of holidays.

      • Chris

        Laurence
        Where will the money come from? Who will set up their hq in Singapore if everyone is getting at least 6k?
        I foresee life will be miserable. No more rich ppl in Singapore becos they have moved to another country. No high value jobs, since mnc no longer comes here. Value of ur 6k paycheck will be worthless as there is no more demand for sgd. all the high caliber individual whether pap or opposition or neutral will leave sg with their family.
        Only the poor folks and lower middle family will stay and work or not work for 6k. Becos no country wants to take them in.

  13. Pingback: CPF blogger crowdfunds legal fees, achieves target of $70k within four days | Mothership.SG
    • MILF

      Says the opposition team who donates to the self declared people champion roy nerng instead of hardworking people like ltk and sylvia lim. I rather donate to them cos they are the one truly fighting our cause and not just blogging and holding rallies.

  14. Ken

    There is a saying that “Injustice will prevail if good men remain silent.” Roy, you choose not to remain silent. Singaporeans will vote for you with their wallets. Good for you.

    • cleareye

      there also another saying “better remain silent if u’ve nothing better to said”
      becos a truth knower understand “silence is golden”

      you choose to remain sly, devious & roguish
      confused & lost Singaporeans will vote for you with their wallets without their brains
      doom is coming to you…

    • Laurence

      There is also the saying empty vessels make the most noise.

      If his life saving only consist of $5000 and yet he decides to go for a Europe holiday means that he has no idea how to manage his own finance, so what makes him the expert to analyse about CPF.

  15. sgkeyboardwarrior

    To Albert Ng

    Can you please stop repeating the same fucking bullshit 4 times? Are you spastic or retarded?

  16. Ashamed

    What. A. Loser.

    Heard he’s from NUS. God forbid it be true, cos Ngerng is such a disgrace who knows nothing about ethics and statistics.

  17. Xmen

    Congratulations for raising over $70k in 4 days. This sum compares favorably to the $50k the LHL-PAP government donated to the 2010 Haiti earthquake disaster where over 100,000 died and 3 million people affected. $50k is also the amount that the LHL-PAP donated to support the recent Typhoon Haiyan’s relief effort.

    In the next natural disaster, Roy should start a crowd fundraising drive instead of waiting for the LHL-PAP government with their puny token donation (“The amount or type of humanitarian assistance given by the Singapore Government is not intended to match the scale of a disaster.” – MFA). Singaporeans have far more compassions than the small minded LHL-PAP government!

    • Chris

      Xmen,
      Wat is the problem with govt donating to help our fellow human in need?
      Mind u, it is donated in the name of Singapore people.
      Dun make fun of our humanitarian efforts.

      • Xmen

        Chris, why don’t you look up on Wikipedia on the amount of donations by various countries first? Even Mr Brown had a field day with the puny $50k donation to Haiti ((“The amount or type of humanitarian assistance given by the Singapore Government is not intended to match the scale of a disaster.” – MFA)

        If one day disaster hits Singapore and a couple hundred thousand people died and millions without water and food, you think $50k is great humanitarian effort from a nation? Singapore is one of the world wealthiest countries with one of the largest SWFs. As old Singapore saying, your 5 cents is larger than the wheel on the horse cart!

      • Chris

        Well, we r not competing with others on the amount to donate. Besides donations, we also provide manpower for physical aid at site
        As a small nation, we must know our limits in providing cash aid. There is always a balance….

    • Bs

      I thought that $50k was LHL’s personal donation, nope? I was so grateful that he contributed 2% of his salary to help Haiti people, but seemed I misinterpreted.

  18. Mom

    “For the actual amount of damages, we would only be able to know after the court case is over. Based on past cases, the damages go above $200,000.”

    In other words, for those of you supporting this comedian, better start putting aside some money each week so you can donate it to him to pay for the damages HE incurred.

    Must be nice living in a world where you can screw up and not pay for the (justified) consequences yourself.

    • Xmen

      Why do you even bother commenting here if you are not helping? This $200,000 is only possible in Singapore. PAP has been in control of the country since day 1 and has changed the constitution and laws to make it possible to sue a commoner for $200,000 and bankrupt him. What other first world country allows such nonsense to go on?

      • Mom

        So you’re saying he’s innocent? Or wasn’t aware that defamation isn’t exactly kosher? If either of your responses is ‘yes’ then you have a legitimate argument, otherwise, just…nope.

      • Xmen

        Dear Mom,

        If PM is right, why doesn’t he go after the Singapore fugitive Gopalan Nair? I can assure you that Nair is much more hostile to LHL and has written 100 times more malicious things about LHL and his daddy. If PM is so thin-skinned, he should go after the fugitive in a first world court instead of hiding in his own court lined with his appointed judges. If you have a legitimate answer to his non-action against Nair, then you are right that he should sue RN. Otherwise he is just a bully in his own courtyard. Unfortunately we both know the outcome in this case is a foregone conclusion. (That says a lot about laws and justice in Singapore.)

      • Chris

        Xmen
        Just visited gopalan nair blog.
        I do not agree with what he had said abt Singapore at all.
        It is a good thing that he had left Singapore. And that is within his right to give up his sg citizenship.

      • Xmen

        My point is PM is free to go after a fugitive who defames him 1000 times over in an American court. Yet he is going after a (previously) nobody who merely cursed him for bad public policies. This is turning into an EPIC FAIL. Just ask any political scientist what a PR disaster this has become. The worst nightmare scenario would be a huge damage award by his own court that gets paid off by the people. How many politicians have survived suing his own electoral in history of democracy? (Hint: he would be making history if true.) More likely he will be shown the door by his own party, even if his daddy is alive.

      • Chris

        Xmen
        On gg after him in American court is a good point. I agree. Not sure why they dun do that. They go after international news papers though.
        Maybe it’s something to do with the value of damage a person can do overseas as an individual is less than an international newspaper.
        My guess only…

      • Xmen

        Chris,

        “They go after international news papers though.” Yes, they go after these foreign newspapers NOT in Hong Kong, NOT in Britain, NOT in USA, BUT in SINGAPORE COURT.

        Do your research…. U have read too much ST and PAP propaganda. LKY/LHL/GCT and Singapore Government has NEVER won a libel case OUTSIDE of SINGAPORE COURTROOM. They WON locally because they dictate the laws and they appoint the judges.

        I would love to see him make a fool of himself going after Nair in a California court. Hahaha…

      • Chris

        Maybe. But did they ever had a libel case outside of sg court?
        Maybe one of this day need to ask PM for his rationale for that?

  19. s2n

    Hi Roy

    After calculating all the figures in the transaction records you have made public, the total is as foll:
    387 transactions into your POSB, OCBC and Paypal accounts amounting to SGD 23,147.5
    6 transactions into your Paypal account in other currencies amounting to 137.34USD, 20 EUR & 100 AUD
    2641.60 SGD raised through cash

    The total of all the above is well under 30,000 SGD. Is it fair to assume that the balance is being covered by you personally?

    • Bs

      Read carefully Bro, Roy has raised $33,977.12 as of 30 May. There are transactions on 30 May or 29 May which is shown in other post.

  20. Chris

    U ppl over-simplify the workings of organizations, stat boards and all the various ministries.
    There are reasons for AG, judiciary, constitutions, etc. existing in our system.
    This is becos no individual sub system is perfect and will need each other in order to balance each other’s flaws.
    Mistakes always happens due to human error, oversight, even corruption. Thus, this results in removal of individuals in public service or even promotions too.
    Please be more fair in ur assessment of why certain mistakes r made.
    u r urself is not flawless or “godly”. Dun magnify certain flaws to be due to govt to make ur stance good – that’s bluffing us into thinking u r right. u think u can do a better job? I dun think so…
    It is always easier to blame and look for a “fall guy” than to look at how the system can be improved.
    Another despicable tricks some ppl want to use to pull wool over us…

    • Xmen

      “Another despicable tricks some ppl want to use to pull wool over us…”

      How about being transparent? As they say, sunlight is the best disinfectant. Why pull wool over facts? Madoff comes to mind…

      • Chris

        XMen,
        If not transparent, how did ppl here find out?
        If not transparent, did some hacker hacked into AG server to get those information?
        If not transparent, will the civil defense chief be charged?
        Or did u find out all the so-called “wrongdoings” of the govt by urself? U really think u r xmen? I think even xmen cannot know so much?
        That’s why safe guards r in placed. But understand that safe guard may not be full proof. For that matter any system or sub system is never static. They all need to be improved over time.
        I suggest u go do a phd on public policies and governance. Even industrial engineering on system management to understand deeper.
        Or, u can just sit down and use ur common sense by looking at urself. And ask: “am I perfect?”

      • Xmen

        Agreed that U have to think for yourself. I have no problem you think differently than me. But I will never sue you 😉

        Cheers.

      • Chris

        Xmen
        Thanks for the agreement.
        Difference in opinion is good for the country. But equally as important is the govt must mAke tough decisions after listening. No point talking until the cows come home becos those who disagree will have their stance as with those who agree.
        Thanks for not suing me. But I dun think u can as I’m speaking my mind in general context. Especially, I did not accuse any one of wrong doing… 🙂

      • Xmen

        I do not believe the BS about using lawsuit to protect a public figure’s reputation. American congress has survived over 200 years without this lawsuit BS. It is more of a tool for politicians to silent and suppress opposition. In fact, an overwhelming number of past libel cases showed exactly that – TT Durai, JBJ, CSJ. This is yet another case.

      • Ken

        @ Chris

        You said “But equally as important is the govt must mAke tough decisions after listening.”

        If giving CPF members 2.5% in the OA when the average inflation in the last 3 years was 4.1% was a tough decision I like to know what you are smoking.

  21. Rashidah

    Dear Roy,

    I applaud your courage and determination at making this journey as transparent as possible. I thank you and support you entirely.

    I would like to mention though, something that is not related to CPF, but is as important. Especially because I know you can make a difference and I know that you are a great man.

    Your ‘Return Our CPF’ poster was made in English and Mandarin. I think this is great. You understand that some people may not understand English and are catering to them.
    However, I think this goodness may create undesired circumstances. Because the PAP has made the minorities feel so excluded for years, you only confirm this idea of unfairness even further by creating only these two types of posters.

    I know this may seem trivial to some, but these little things really do matter.

    I hope you remember the other two minority groups, and that we are equally as important.

    Thank you again.

    • Chris

      Hi rashidah
      That’s a good point. N I agree with u that whoever puts up such signages should be more sensitive. But I dun think it is the govt who dictates this. If u see, most govt handouts r in all 4 languages. It is rather other organisations who omit all 4 languages.
      Just to be fair, all four languages r just as important in Singapore. But as our society becomes highly educated and more ppl speak and understand English. There r organization, businesses and even stat boards who think they can omit the last two language when they publicize their posters or announcements.
      As for foreigners visiting our country, example India Indians r also mainly educated in English. India has one of the most number of languages in the world, most dun speak Tamil. So, even if the India Indians visit Singapore, a lot of them may not know Tamil even if u show them Tamil. but they most probably understand English.
      Malay is our national language and used by us and our Neighbour Malaysia. It is also known that most Singaporean and Malaysian understand English becos we r a multi racial society. So using English is easier.
      Chinese speaking foreigners mainly do not speak English. Even though English is taught in schools but it is not used widely becos almost everyone knows Chinese. So the use of English is very limited in china. So unless u have been educated or worked overseas, low chance of them understanding English. This may be the reason u feel only English and Chinese r used more often nowadays.
      As china evolve, they may have to change as well, becos the working language of the world is English.
      IMO, these reasons may be why some organisation to use only English n Chinese. Cheaper for them to only put two Langauge.
      I hope u dun feel offended. But such things happen as soviety progressed. Maybe the govt should do a survey on the relevance of making 4 languages mandatory.

      • Albert Einstein

        Chris, this is Dr Albert, Albert Einstein. The people have spoken through action of donating. You need to work harder to convince people otherwise because your effort to defame Roy had gone to waste.

        Remember E=mc2.

      • Chris

        The Albert Einstein I know, died.
        I dun convince ppl not to donate. Although, I dun like Roy.
        I encourage ppl to think for themselves and do the right thing. Whether they for or against the govt. they must know and see the big picture of things. And also see that human nature will make certain groups of ppl “blind” to their “faith”. Do not fall for ppl who paint a one-sided story of things. Give credit when credit is deserved.
        Opposition is not strong like pap, but they r not that bad (just that the calibre of its ppl is not strictly maintained).
        Pap is strongest party but they dun know & dun do everything perfect becos they r not god.
        In what way did I defame Roy? Just becos I see the picture more holistically? Just becos I dun blindly say pap is wrong? Just becos I go and verify my findings on the Internet and dun accept information blindly?
        Enlighten me, Einstein. Didn’t u do that when u find E=mc2? Or r u not the Einstein that I know?

      • Albert Einstein

        Dun try to weaseal your way out. Your mosquito-like persistence on this site already betrayed your true intention. Good luck to you and try harder next time 🙂

        Remember, E=mc2

      • Chris

        Albert
        Sigh, u r not the Einstein I know.
        I dun weasel my way. I logic my way. That’s what education provided me.
        IMO, that’s the reason why educating our young is extremely important. Knowledge is power as long as the person use that power for the good of Singapore. Not for personal glory.

      • Albert Einstein

        Originally I have no intention to donate, your unrelentless attack on an ordinally citizen trying to bring up the CPF issues forces me to donate 1000 bucks. Keep on the bullying tactics. It will just drive more people disgusted with the current administration to the opposition side.

        Remember, E=mc2

      • Chris

        Good for u,
        This is funny. R u gg to donate another 1k now?
        Maybe I should do this to u more often then I am indirectly helping Roy… Lol
        One more thing. Can u ask Roy to put ur donation print screen so that I can see.

    • Ken

      @ Rashidah

      You are right. If Roy wishes to appeal to all Singaporeans to vote with their wallets he needs to include Malay and Indian languages in the posters on 7th June at HLP.

  22. ANTI-GAY

    Why do gays always have to be nasty and aggressive ?
    Never met any nice gay before… not is Spore or elsewhere. Roy is a perfect confirmation.

  23. mervyn

    Better not leave the money in your personal name. maybe open an account with Ravi ‘s company before singh apply an injunction and freeze it.

  24. Albert Ng

    PAP started CPF and now Roy is the dog that bite the hand that feed.
    If no CPF I’m sure bosses can pay a little more salary but on the other hand bosses can save a lot of money for themselves.

    • Francis

      someone’s going to jail..never mind what the election 2016 results would be..by then he will be alone in jail while everyone forgets about him ..

  25. New Light

    Roy does not censor or remove any comment on his blog. He is confident that readers know the difference between what is logical and fair comment versus insinuations and illogical comment. Isn’t this wonderful? Sad to say there are no pro PAP blogs, websites and Facebook sites that will not remove post that are not in agreement with them. Why?
    The former is based on transparency and trust. The latter wants control and opaqueness.

    The Heart Truth is loved by everyone especially by those who take time to post comment on this blog.
    Good job, Roy.

    Whether you win or lose the case is not important. Just do your best to open the can of worms.
    Light is not afraid of darkness but darkness is afraid of the light.

    • Better Light

      Your own opinions, speak for yourself. Just becos people come to this blog dosen’t mean we love it. We just want to see how much more Roy stoops to embarrass himself.

    • Francis

      there is nothing to fight. he already admitted that what he wrote was not factual. the court case is to decide what the damages will be.

    • adobe Photoshop cs7 download

      Yeah why all financial experts seem to be unaware of this huge issue! OMG i think roy nerng may have found something no one has. He will be the next nobel prize winner!

  26. Pingback: aaaaa | Asian Correspondent
  27. Chris

    Roy
    Do u earn money from ur blog?
    Since r bragging abt transparency. Can u enlighten us how much this blog of yours is generating $$$ for u?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s