$600,000 per annum is not peanuts & it is definitely not a joke. But a 1 year bonus?!?! That's totally absurd! That is ridiculous! Why should a CEO of a NON-PROFIT organization be paid such an astronomical bonus? Because NKF manages to raise millions of dollars everytime they host a charity show?
I guess things wouldn't have turned so ugly had Mr T.T Durai been more low profile about it. So what if The Straits Times published an article about an alleged "gold plated tap"? Now we know what a bad idea it is to sue SPH, or any other organizations of such magnitude.
But did Mr T.T Durai withdraw all charges because he saw "no purpose served in continuing litigation & acrimony with The Straits Times"? Or was he pressured into such a decision by other factors or people of higher authority? That, perhaps we will never know as a supposedly "10 days court case" abruptly ended on day 2.
Then again, what if CPIB suddenly decides to intervene? Will more dark secrets be unfolded? I shudder at the thought of what the board of directors are receiving at their end based on what Mr T.T Durai has pocketed in the past 3 years.
Now the cat is out of the bag. The fleet of 8 cars with chauffeurs, the Mercedes Benz & what was that again? $600,000 is peanuts? I tell you, $600,000 can buy alot of peanuts!
Thursday, July 14, 2005
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4 comments:
hmm..
How to comment?? haha
Will i receive a lawyer letter if i comment?? I am so scared!!
Yeap you are right, he should have kept a low profile.. Not cuz of this court case, none of us would knew how much he was earning per annum.. This is a fiaking big sum of money.. haiz... With this news released, he managed to get more attention from the public!! hiakz.. Trying to gain publicity so that they can get more donations?? Nah this i supposed is a negative publicity.. There might be tons of dark secrets waiting to be unfolded.. Just like Desperate Housewife!! Sit back and relax... Its Show Time!!
Yes, I think Mr Durai's intention was to stop people from talking or even thinking about the alleged accusations. But obviously his plan backfired which eventually cost him his peanuts. Anyway, I'm yearning for the audit report. If there's any embezzlement or misuse of company funds then the next to be on the stand is the auditor. Good luck to him!
Yea more to come man!!
hahaa
i am sitting back and relax..
But i wonder will someone try to cover it up?????
Hmmmm....
It might be good to have all the shit covered up too. Too many ugly issues have been brought to surface. I don't really see the need for that anymore. Obviously the gahmen is trying hard to keep everything contained so a round of applause for their hard work.
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