CPF class action: Phillip Ang’s “reply’ to fellow cybernut

Here I wrote about a real cybernut demanding accountability and transparency from Lim Tean about the funds being raised “to launch a class-action suit against the government”.

To recap, Phillip Ang had posted

Lim Tean and I have set up a crowdfunding account @https://www.facebook.com/tean.lim.75. (POSB Savings 198-91842-3) Please keep a record of your transaction as your particulars will be required before the launch of the class-action suit. Unused portion will also be returned, pari passu.

https://likedatosocanmeh.wordpress.com/2017/10/15/class-action-suit-only-option-for-cpf-members-to-right-a-sorry-situation/

Well todate, neither Phillip Ang nor Lim Tean has responded to the cybernut, so I tot I’d draw the cybernut’s attention to what Phillip Ang had then said:

Once the required resources, not just financially, are in place and before the suit is launched, there will be more updates. Action speaks louder than words.

He’s saying “Trust us”. So PAPpish. So like the way the PAP administration manages the CPF and our reserves. But what to expect from a cybernut?

Seriously I’m surprised that someone like Lim Tean would go about raising serious money in such a slip-shod, non-transparent and unaccountable way: pay money into a private POSB account.

The proper way to go about the raising of millions of dollars needed to fund a class action law suit would be to use the services of a reputable fund raising site. This means there will be the need to have a detailed explanation on the the purpose of the funding raising, the target amount, the minimum sum needed and what happens to the monies collected if the minimum sum cannot be reached.

Now as Lim Tean is a seriously rich guy, meeting the out-of-pocket expenses of using a professional site should not be an issue, I’m left wondering why he liddat lor? Using a POSB account.

Still not to late to reorganise the fund raising, if he’s serious about bringing “a class-action suit against the government”.