The President’s Response to My Open LettersPublished: 20th June 2012
20th June 2012
The Reform Party thanks the office of his Excellency Tony Tan for the response received yesterday, to its two letters dated June 01st and June 16th 2012. I reproduce the second letter below together with the President’s response.
In the second of those letters, I posited that Presidential approval had neither been sought nor given for our republic’s loan commitment to the IMF under Article 144(1) of our Constitution.
The President may be accused of the equivalent of filibustering* or ‘passing the buck’ by forwarding my letter to MAS. However my letter makes it clear that by failing to furnish a denial the President has confirmed my understanding and confirmed that his approval was neither sought nor given. * http://en.wikipedia.org/wiki/Filibuster
I am entirely satisfied with this. It is my belief as stated in my letters to the Minister of Finance that both Parliamentary and Presidential approval is required for this commitment.
I am sure we all look forward to reading any response from MAS and hope that this will not take a month. However I am disappointed that the Ministry of Finance feels no need to respond and be accountable. They have neither replied to my letter requesting transparency over the loan nor to my letter asking for an explanation of discrepancies and omissions in the Budget and an explanation for its non standard layout.
I know many of you are concerned with our reserves and I do feel that I need some transparency as to the methodology used by MOF so that I can comment in an informed manner on our Government’s budget and other financial statements. Although even a brief, cursory glance at Budget 2012 would reveal causes for concern over its lack of transparency and omission of vital information to any competent businessperson, I am merely an economist not a forensic accountant or indeed a clairvoyant.
I am in short just an ordinary Singaporean citizen wanting to know how his tax dollar is spent and as such I will continue to press for transparency.
16th June 2012
A Further Open Letter to the President of Singapore
His Excellency Tony Tan Keng Yam
Office of the President of the Republic of Singapore
Orchard Road, Singapore 238823
I refer to my letter of 1st June 2012 in which I asked whether Presidential approval had been sought or given for our republic’s loan commitment to the IMF under Article 144(1) of our Constitution.
I received no response to that letter which puzzles me considering the speed with which your gracious decline of our invitation to the JBJ Memorial Event was received.
With the greatest respect there is a great deal of public interest in this matter and I feel it is entirely reasonable that the President be called upon to clarify his role even if that clarification is merely to state the case that presidential approval was not necessary.
I must therefore take it that your failure to respond in order to set the record straight and clarify that Presidential approval was indeed sought and obtained, is confirmation that it was not.
Unless you are good enough to deny that this is indeed the case by Wednesday 20th June 2012, (a reasonable interval since the date of my original letter), then I will be guided by that confirmation in attempting to gain transparency as to the constitutionality or otherwise of the IMF loan commitment.
We received your email dated 2 June 2012 enquiring about Presidential Approval for IMF Loan Commitment.
2 Your query has been referred to MAS for their follow up and MAS will get back to you.