Wednesday, June 20, 2018

Salary of CEO of Temasek Holdings

Mr. Tan
What are your views about the suggestion that Ho Ching earns more than $100 million a year? This is stated in the following article.

http://www.tremeritus.net/…/should-temasek-ceo-ho-ching-be…/

Reply
I am surprised that here salary, as CEO of Temasek Holdings, is not disclosed.

Our listed companies have to disclose the salaries of the top executives.

Although Temasek Holdings is not a listed company, it needs to set a higher standard of transparency than a listed company, because it is owned by the state and is accountable to all the citizens.

I wonder if this question has been raised in Parliament before and if it has been answered by the finance minister or the prime minister?

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