As promised, I will continue to update on the funds that are coming in. We have reached our target of $70,000 for the legal fees for the court case. You can read more about what the court case is about and the fund raising appeal here.
I would like to thank everyone for your continued support. We are now awaiting the pre-trial on 4 July 2014, before the court case is decided. Meanwhile, we are working towards the 7 June event this Saturday, #ReturnOurCPF. Do join us at the event as we discuss about the CPF.
Once again, I am grateful to Singaporeans for your encouragement. I will continue to speak up on our CPF and advocate for transparency and accountability on the use of our CPF.
We are $11,000 in excess at this point. The funds will be set aside for any legal costs orders (if) made against me during the court proceedings by the court for me to pay the opposing sides legal cost if I lose any (interlocutory) applications in court. We have currently stopped putting out an active appeal for funds but if the funds continue coming in, I will be open and transparent with them and publish them, so as to be accountable.
Please see below for further information on the funds coming in so far, as of 5.00pm today.
Funds Raised So Far
We have raised $81,000.80 so far.
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.
$75,381.40 has been raised from here.
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.
$2,977.82 has been raised from here.
Below is the transaction history for PayPal (firstname.lastname@example.org). 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.
$4,876.44 has been raised from here.
We 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 – please note that any additional funds will be set aside any legal costs orders (if) made against me during the court proceedings by the court for me to pay the opposing sides legal cost if I lose any (interlocutory) applications in court. If there is any excess, the options will be to donate them to charity – I will consult Singaporeans on the use of the excess funds. I will continue to keep transparent records of the funds so as to be accountable and allow everyone to keep track of the funds. Please do send me your feedback as well on how you would like to do this.
Thank you to everyone for your support. I will take on this responsibility wisely, and work with everyone to advocate for the transparency and accountability on the use of our CPF.
On 7 June, we will be organising an event to demand to the Singapore government to #ReturnOurCPF. Read our demands below. Please do attend as we will discuss more about the CPF.
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.