SINGAPORE — Reform Party chief Kenneth Jeyaretnam has been ordered to put up corrections under the law against fake news, over false statements he made about Singapore's reserves, healthcare spending, and the rental of two black and white bungalows by two ministers. This is the fifth time Jeyaretnam has been issued such a direction.
PHOTO: Lianhe ZaobaoSINGAPORE — Reform Party chief Kenneth Jeyaretnam has been ordered to put up corrections under the law against fake news, over false statements he made about Singapore's reserves, healthcare spending, and the rental of two black and white bungalows by two ministers.
MOF said it is incorrect to state that most of the NIRC has been transferred into long-term funds, as "no proportion of the NIRC is earmarked for specific spending items, or for transfer into any specific funds".MOF also said it is false to claim that money set aside in the long-term funds does not contribute to "actual spending", since the money does contribute to the disbursements from such funds.
Reiterating the findings of the CPIB investigation and Teo's review, MOF said rental paid by both ministers was not less than the guide rents for the properties, which were determined by professional valuers based on established principles and methods for valuation. "The underlying principle used by the Government for determining the value of land for sale to the public and for rental of the Ridout Road properties is the same — it is to transact at fair market value," said MOF.
"Mr Jeyaretnam's campaign of posting false statements misleads Singaporeans on the way that SLA works, as well as on the state's land sale and property rental policies."
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