The New Straits Times, 9 Oct 2008, AFP
The former chief of a Singapore insurance cooperative delivered a petition today with almost 1,000 names demanding an independent inquiry into the sale of credit-linked securities, he told AFP.
“I confirm that the petition has been delivered to MAS (Monetary Authority of Singapore) this morning,” said Tan Kin Lian, former chief executive officer of NTUC Income, a life and general insurance cooperative.
He did not comment further.
On his blog, he said the petition had 983 names asking that white collar crime police investigators and/or the MAS regulatory body conduct “a full and independent inquiry” in relation to the sale of credit-linked securities by financial institutions in Singapore.
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