Mr Lee and the conflict of interest

Singapore Democrats, 16 Feb 2009

Mr Lee Kuan Yew's appointments as an international advisor to corporations such as JP Morgan, Total, DaimlerChrysler (now defunct) and Citigroup have gone largely unnoticed by most in Singapore, until now that is. Especially noteworthy for obvious reasons is Mr Lee's role in Citigroup. On 5 Sep 06, the American banking giant purred:
  • Minister Mentor Lee is a modern-day visionary and a unique statesman who is respected world-wide, and it is a privilege for Citigroup to benefit from his understanding, insights and experience. I am honored that Minister Mentor Lee has chosen to be a special advisor to Citigroup and look forward to having the opportunity to work closely with him as we pursue our international growth strategy.” (emphasis added)
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