PAP MP Dr Janil Puthucheary attacks critics: Operators will not ‘profit’ from $1.1 billion dollar bus services scheme
Posted by temasektimes on July 10, 2012
Pasir Ris-Pungggol MP Dr Janil Puthucheary has lashed out at critics of the government’s plan to dole out a shocking $1.1 billion dollar of taxpayers’ monies to purchase buses for operators under the ‘Bus Services Enhancement Programme.’
The move has come under heavy criticisms from many Singaporeans that public monies should not be used to bolster the profits of the bus companies SBS Transit and SMRT.
Both SBS Transit and SMRT are partly owned by Singapore’s sovereign wealth fund Temasek Holdings in one way or another.
However, Dr Janil doesn’t think so and attacked the critics for deliberately spreading ‘misinformation’ in parliament on Monday:
“Some of these concerns are inflammed as a result of misinformation, some of which may be deliberate. The key points that no profit will be made as a result to the BSEP, that the assistance it provides to the operators will be calibrated and adjusted to ensure this is so needs to be explained and discussed.”
Speaking up to support his fellow party MP, Transport Minister Lui Tuck Yew declared that the programme was not intended to ‘profit’ the Public Transport Organizations.
“I know there are concerns, there are fears, but the way we want to use this money is to make sure the commuters benefit from having more reliable, more frequent, less crowded buses. Certainly, the intent is not for this government to give money to the operators in order to fatten their bottom line. Not all all,” he said.