Yahoo! Singapore News, 10 Aug 2011
Presidential hopeful Tan Kin Lian has said that he has been "unfairly criticised" for some business and investment decisions he made in his 30 years heading Singapore insurance cooperative NTUC income.
In one of his blog posts on Wednesday, Tan cited examples of bad investments, in particular NTUC Income's involvement in the now-defunct overseas resort chain Club Nuansa and Ciputra Mall in Jakarta. Both ventures led NTUC Income to write off some $30 million. Full story
