Hello everyone, it has been a hectic past one week. Many things happened. After the #ReturnOurCPF event attended by 6,000 Singaporeans (the largest protest in Singapore’s history since independence), I was asked to leave from my job on Tuesday.
It has been a much busy week. I needed to take some time to rest the mind.
I have finally managed to put together this next update on the funds raised thus far. We reached the target of $70,000 for the legal fees four days after the fund raising began. There are still some funds coming in. I will be moving towards a weekly update now, as the funds are slowing down. 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. The court case will be decided at a later date.
We are $37,769 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 10.00pm today.
Funds Raised So Far
We have raised $107,769 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.
$88,115.90 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.
$3,967.82 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.
$5,541.20 has been raised from here.
I have also received many well-wishes from friends via cash. Some of you have given me ang paos. Thank you for this!
In total, $15,685.60 has been raised in cash.
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.
There are still funds coming in – please note that the 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.
It has been a hectic week. Many people have been asking about me. I am doing well. Next steps, I might need to rest for a while before I look for a next job. I do thank everyone for your support and encouragement. It keeps me strong, knowing that everyone is keeping your spirits strong and that we are keeping the conversation on our CPF going. It is a positive development for Singapore that we are now taking an active interest in the CPF and the management of our country. I believe that one day soon, we can work together to create a more equal and fairer society in Singapore, for the greater good of our nation and our people.
When we stand united, our voice will be strong. When we are heard, change will come.
I have set up a petition to ask for the return of our CPF. You can sign the petition here. If the government is transparent about how our CPF is being invested and increase the CPF interest rates, Singaporeans would be able to save enough to retire on.