Singaporeans on social media are showering praise upon Mr Tan for daring to speak up against NTUC Enterprise and Income.
SINGAPORE: Former NTUC Income CEO and NTUC Enterprise Group CEO Tan Suee Chieh is being hailed as a “patriot” who is “fighting the good fight” online, after he stuck to his guns in calling out the proposed majority stake buyout of Income Insurance by German conglomerate Allianz.
On Friday , Mr Tan posted an open letter on Facebook addressed to the Monetary Authority of Singapore chairman, Gan Kim Yong, urging regulatory intervention and criticizing various aspects of the deal. Rebutting the points NTUC Enterprise and Income made in their joint statement, Mr Tan invited both organisations to “produce all the relevant board minutes and papers” covering certain discussions referenced in his first open letter to let MAS and the public “judge the matter for themselves.”
Meanwhile, ordinary Singaporeans on social media are showering praise upon Mr Tan for daring to speak up against the labour movement-linked organisations. Reddit user Hannorx said, “…can we take a moment how good TSC’s writing is? I know nothing about mergers & acquisitions, but his writing is clear and intended for the masses to fully appreciate the gravity of the situation. Whereas, NTUC Joint Statement seems convoluted and very legalese.”
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