The Ministry of Finance took the most unusual step of publishing a FAQ section on its website to ” provide additional information on the reserves and a new section that explains the role of the president.”
A section is devoted specifically to clear the ‘misperception is that the late President Ong had not been provided with sufficient information for him to effectively protect the past reserves’.
‘In fact, he was given full access to the information of the reserves during his term of office. This information included the value of all the Government’s financial assets, as well as a listing of physical assets, such as buildings and land,’ it says. Full story