Commentary
Singapore Democrats, 13 Jul 2009
Senior Minister Goh Chok Tong recently visited Burma and said that investors would invest in Burma in a “big way” if the country moved towards democracy and held free and fair elections.
In the first place, Singapore already has lucrative deals in place with the Burmese generals, making us the one of the biggest investors there. The problem is that our dollar is greasing the palms of a very corrupt and murderous bunch of soldiers.
While billions of dollars are poured into Burma, the Burmese people remain mired in poverty. It is estimated that nearly 30 percent of the population live below the poverty line. This is because the generals use the money to fatten their own bank accounts, much of which is in all probability stashed in Singaporean banks, instead of benefitting the people.
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