It has been one week since the fund raising started. We managed to reach the target of $70,000 in 4 days. There are still some funds coming in. Thank you everyone for your thoughts and well-wishes. I am still updating on the funds coming in on a daily basis. If the funds slow down in the next few days, I would move towards doing a weekly update instead. You can read more about what the court case is about and the fund raising appeal here.
We are now awaiting the pre-trial on 4 July 2014, before the court case is decided.
This coming Saturday, 7 June will be a very important – #ReturnOurCPF. Please do join us. I will be speaking. So will other speakers with knowledge on the CPF, such as Leong Sze Hian Kenneth Jeyaretnam. Mr Tan Kin Lian and Vincent Wijeysingha will also be speaking.
We are $18,444.70 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 $88,444.70 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.
$82,545.20 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.
$3,237.82 has been raised from here.
Below is the transaction history for PayPal (email@example.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.
$5,316.31 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.
Once again, do join us at the upcoming #ReturnOurCPF event this Saturday. I will be speaking at the event. The more Singaporeans who come, the more the government will recognise that this is an issue that hits home and that the government should look seriously into. The CPF are our hard-earned money. The government has a responsibility to answer to Singaporeans how our CPF is being used, and to be transparent and accountable.
When we stand united, our voice will be strong. When we are heard, change will come.
There is a petition that you can sign here.
See you this coming Saturday! The Facebook event page can be found here.