Presidential candidate Ng Kok Song will dip into his personal savings to fund his campaign and will not be accepting any...
on the relationship between the president and the prime minister.
Mr Ng said: “The president’s responsibility is to safeguard the reserves, safeguard the integrity of appointments in certain public service positions, and the president must act in the best interests of the people of Singapore. “So I think it would be very difficult for the president to discharge his responsibilities in an objective way if he has too close a relationship with the prime minister.”
Mr Ng, who was in public service for 45 years and held posts at GIC and the Monetary Authority of Singapore, also said that the role of the president should not be about setting the investment policy for Singapore’s reserves. “The president’s responsibility in regard to safeguarding the reserves is to act as a check on the spending of past reserves. How that money is invested is not the area of responsibility of the president,” he said,Mr Tan had said on Wednesday that he wanted the president’s role to include the power to set the investment policy for the reserves.He will also visit the ABC Brickworks Market and Food Centre and Chomp Chomp Food Centre on Thursday.
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