So ex-junior minster Zainul Abidin is joining SPH where he will run SPH’s radio stations, SPH UnionWorks, where NTUC has a 20% stake. Given the job description, I don’t see him drawng a million dollars a yr, the starting point of ministerial salaries.
We were told that S’pore had to pay the likes of ex-DPM Wong, HDB Mah, Cry baby cry Lim, Raymond Lim, “PAP must change” Yeo, Ms Lim (the MP from 7th month) and Zainul Abidin million-dollar salaries because taz what they are worth to the private sector.
If they were not paid millions, they would resign from the cabinet in search of million-dollar salaries.
Well they have all left the cabinet recently but somehow I don’t hear of the private sector (let alone the TLC or GLC sectors) offering them zillions of dollars for their expertise. True Ms Lim has become a director of a major listco, Jardine C&C, but she is not getting millions of dollars.
Admit the truth PM? They, like Nathan, struck it lucky big time. Juz like first prize winners of Toto, Big Sweep or $4D tickets. http://atans1.wordpress.com/2011/08/09/president-nathan-an-ordinary-sporean/
Or maybe, their pensions are so big (remember no details are made public) that they can sit back and relax, and take jobs that pay “peanuts”?
Salary reviewers pls note, whatever the case may be,