Reinventing The Rice Bowl, 21 Jun 2012
Yesterday I received confirmation from the President’s office that his permission had not been sought for our republic’s loan to the IMF.
So now we know three things in addition to the recent confirmation by the President.
We know that parliamentary approval was not sought because it is not in the Hansard
We also know that Article 144(1) of the Constitution governing loans has not been followed because this requires the President to concur with parliament. Both in fact must approve.
We know that the government is going to pass this over to the MAS because the President’s letter tells us so. Read More