THE TEMASEK TIMES

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Archive for October, 2019

EXPOSED: Was Ramesh’s “apology” was staged?

Posted by temasektimes on October 31, 2019

JP Morgan Director Ramesh Erramalli’s “apology” was staged as a PR stunt to placate public fury, according to an insider source.

A day after the video went viral, the Association of Certified Security Agencies issued a stern statement condemning Ramesh and asking the Attorney-General to press charges.

Notice the stark difference in tone 3 days later:

Steven was supposedly on duty from 7pm to 7am the next day on 30 October 2019. At about 4pm, he received a call from his manager asking him to have an early dinner and meet at the management office for a “briefing” at 6pm.

When he arrived, he was met by Mr Thomas and Mr Gary Harris from the Association of Certified Security Agencies who informed him that Ramesh would be dropping by the office later to resolve the issue and his duties during his absence would be covered by another colleague.

Steven was advised to put his handphone away and all he needs to do is to listen and Mr Thomas will do all the talking on his behalf. No photos were taken at the meeting. If Ramesh had indeed made up with Steven, why wasn’t a photo taken showing both of them smiling and shaking hands?

At 7pm, journalists from SPH and Mediacorp gathered at the condominium’s guard house entrance as if they were waiting for some major announcements and even took photos of Steven, Thomas and Gary:

The entire meeting lasted about 50 minutes. Steven was advised not to divulge details of the meeting and not to speak to the press. The other security guards were also warned not to post anything about the meeting on their social media accounts or to tell a third party.

One hour after the meeting Ramesh’s “apology” was published simultaneously in all the major newspapers at about the same time in a coordinated media blitz.

If Ramesh is really sincere in his apology, he should have visited the guard house to apologize to Steven in person shortly after the incident. Why did he take so long to do so and somemore accompanied by two outsiders?

Furthermore, Ramesh did not pen the apology himself which was broadcast to the public via a third party. It appeared a script was prepared beforehand and the “apology” was meant for the public rather than for Steven.

We want to hear Ramesh’s apology in his OWN WORDS. Anything less is insincere, fake and unacceptable!

Posted in Scoops | Tagged: | 11 Comments »

Breaking News: Ramesh Erramalli apologized to security guard in person!

Posted by temasektimes on October 31, 2019

CECA Director Ramesh Erramalli has apologized to the security guard Steven whom he hurled vulgarities at last Saturday in person!

According to a post by the President of The Security Association of Singapore Raj Joshua Thomas who arranged the meeting between the duo, Ramesh apologized to Steven for what had happened.

“His apology was heartfelt and very sincere. Steven was gracious in accepting the apology.”

Ramesh added the person in the video is not who he really is.

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Heng Swee Keat led team to conclude CECA with India which open the floodgates to Indian PMETS

Posted by temasektimes on October 29, 2019

On 29 June 2005, India and Singapore signed the India-Singapore Comprehensive Economic Cooperation Agreement (CECA). This free trade agreement not only enables Singapore and India to trade goods freely, it also allows professionals to work in each other country more easily.

The CECA was concluded after 13 rounds of negotiation and the Singapore’s side was led by none other than Heng Swee Keat, the current PM-in-waiting, who was then Permanent Secretary for Trade and Industry. Heng and his team essentially did the ground work together with their Indian counterparts. They then presented their proposals to the politicians for approval.

Some of the areas covered by CECA include: Improved Avoidance of Double Taxation Agreement, Trade in Goods, Customs, Investment, Trade in Services, Intellectual Property, etc.

However, controversial ones include concluding further Mutual Recognition Agreements (MRAs) so as to facilitate the freer movement of professionals between Singapore and India. It helps to recognise each other’s education and professional qualifications so that Indian and Singaporean professionals from the following five professions could be able to practise in each other country:

Accounting and auditing
Architecture
Medical (doctors)
Dental
Nursing
Already, Singapore now recognises degrees of Indian doctors and nurses from certain Indian universities.

Movement of Natural Persons

Then, CECA also enables movement of persons between both countries. In particular, professionals employed in 127 specific occupations will be allowed entry and stay for up to 1 year or the duration of contract, whichever is less.

Also, intra-corporate transferees (i.e. managers, executives and specialists within organisations) will be permitted to stay and work in India and Singapore for an initial period of up to 2 years or the period of the contract, whichever is less.

The period of stay may be extended for period of up to 3 years at a time for a total term not exceeding 8 years.

In theory, of course, CECA could also benefit Singaporean professionals wanting to work in India but how many Singaporeans really want to work there to earn in rupees?

Indian companies try to exploit CECA loophole

After CECA was signed, some of the Indian IT companies set-up in Singapore tried to exploit the “intra-corporate transferee” loophole so as to get more Indian IT workers to work here. They would hire them in India and then “transfer” them to their Singapore subsidiaries to work, without the need to hire any Singaporeans.

India unhappy with Singapore

By 2017, thanks to CECA, large number of Indian professionals especially those in IT sector were moved into Singapore as “intra-corporate transferees”, since CECA did not set any quotas. Few Singaporeans, if any, were hired.

Many Singaporean PMETs started filing complaints of discrimination to the Manpower Ministry through the Fair Consideration Framework. The Singapore government was forced to slow down the approvals of Indian professionals to work here.

“This (visa problem) has been lingering for a while but since early-2016, visas are down to a trickle. All Indian companies have received communication on fair consideration, which basically means hiring local people,” the president of Nasscom, the IT association of India, complained.

In retaliation, the Indian government decided against expanding the scope of goods where import duties for Singapore goods would be cut unless the concerns of Indian industry are addressed, the Times of India reported.

In particular, the Indian government is against Singapore using the “fair consideration framework” to regulate the employment of Indian professionals in Singapore. “They (Singapore) are doing it despite the CECA clearly stating that there will be no ENT (economic needs test) or quotas on agreed services. This is a violation of the agreement,” warned an Indian official.

Obviously, when Heng negotiated CECA with India prior to 2005, he had not foreseen all these issues facing Singaporean PMETs. Perhaps he cared more if GIC and Temasek could invest freely in India or if DBS could open more branches there?

Nevertheless, Heng was confirmed to be appointed DPM of Singapore on May Day. Opposition member Lim Tean has this to say to Heng, the current PM-in-waiting, “Heng Swee Keat should explain his role in CECA, which cost Singaporeans jobs! What is the benefit to Singapore of CECA?”

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EXPOSED: Uptron Academy of Computer Learning

Posted by temasektimes on October 29, 2019

After traveling through the entire New Delhi in the morning, our Singaporean friend Jack Song has finally found Uptron Academy of Computer Learning and enrolled in a diploma course for only $100!

Our JP Morgan Executive Director graduated with a Diploma in Computers and Information Management at Uptron Academy of Computer Learning in 1994.

He first worked at Takada Industries Pte Ltd in Singapore as a System Administrator before joining JP Morgan where he now earns a 5 figure salary as an Executive Director.

Singaporeans who are inspired by him may consider applying to enrol in his school whose diploma is worth more than the degrees of NUS, NTU and SMU!

Posted in Scoops | Tagged: | 12 Comments »

Ex-JPM staff: CECA Director unlikely to be sacked

Posted by temasektimes on October 28, 2019

Despite bringing his company into disrepute by hurling vulgarities publicly at a security guard, J P Morgan is unlikely to sack its Director

According to a former staff of JP Morgan who spoke with us on the condition of anonymity, his contract can only be terminated by the head office in the United States.

Furthermore, he did not commit any criminal offence or unethical behavior during the course of his work.

J P Morgan is not a retail bank and its clients are mostly high net worth foreigners and companies, not Singaporeans. Hence it will not be affected by any boycott by Singaporeans.

In fact, J P Morgan has deleted several messages posted by Singaporeans on its Facebook page about his behavior.

Though it has promised to conduct an internal investigation, He is likely to be given only a slap on.

Posted in News | 16 Comments »

J P Morgan to investigate CECA Director for hurling vulgarities at security guard

Posted by temasektimes on October 27, 2019

J P Morgan will conduct an internal investigation of its Executive Director when its office opens on Tuesday.

He was filmed on video hurling vulgarities at a Singaporean security officer who asked his visitors to pay a $10 fee for parking their car at his condo car park after 11pm, sparking a massive outcry among Singaporeans.

Speaking to queries from the state media, J P Morgan conformed he is its staff and it is “looking into the matter”. It declined to comment on his remuneration which was rumored to be $66,000 monthly including an allowance of $13,000.

PAP MP Zainal Sapari also weighed in on the controversy calling for the Protection from Harassment Act to be extended to security officers in a post on his Facebook:

Posted in News | Tagged: , | 37 Comments »

Security guard lodged police report against J P Morgan Director

Posted by temasektimes on October 27, 2019

The Singaporean security guard who was subjected to a verbal tirade by J P Morgan Director has lodged a police report against him!

In a video clip widely circulated online, the Director was heard hurling vulgarities at the poor security guard for asking his visitors to pay $10 to park overnight at his condo.

The security guard noted in his report that he was aggressive towards him and he let him park inside the car park without paying eventually to avoid aggravating the matter.

In a press statement released last night, the Association of Certified Security Agencies strongly condemned his behavior and urged the Attorney-General to investigate the matter and press for a deterrent sentence.

However, being an elite CECA banker invited by the pro-foreigner PAP regime to work in Singapore, it is unlikely that the police will take action against him.

On the contrary, the security guard may get arrested and charged under Singapore’s new anti-doxxing law for publishing his personal details online

Posted in News | Tagged: , | 7 Comments »

J P Morgan banker to lodge complaint against security guard to get him sacked!

Posted by temasektimes on October 27, 2019

Controversial Indian banker from J P Morgan who was caught on video ranting at a Singaporean security guard for doing his job will lodge a complaint to the condo’s management to get him sacked!

In a complaint posted on the Facebook page of his condo Eight Riversuite Residences, he falsely accused the security guard of doxxing and threatening him:

“The security was smart to take a video and share it on all social media forums…I have been threatened by the same security which is supposed to protect me.”

He added that he has received more than 200 “threatening calls” so far and he felt “intimidated”.

He was seen gesticulating at the security guard and hurling vulgarities at him several times after he was asked to pay a $10 parking fee for his visitors to park at the condo’s car park after 10pm.

According to his neighbors, he was still fuming mad and vowed to complain to the management office when it opened on Tuesday to get the security guard sacked.

He will also lodge a police report against the security for recording and uploading his personal details on social media without his permission.

As he is a precious foreign talent invited by the PAP regime to work in Singapore under CECA, his complaints will not be unanswered and in all likelihood, the security guard will be investigated under Singapore’s new anti-doxxing law.

Posted in News | 13 Comments »

J P Morgan Director hurled vulgarities at Singaporean security guard

Posted by temasektimes on October 26, 2019

An Executive Director from J P Morgan Bank was rapped by netizens for hurling vulgarities at a native Singaporean security guard for simply doing his job.

In a three minute video viewed widely on Saturday, he was heard ranting at a condominium security guard for asking his visitors to pay $10 for parking their car in the condo car park after 11pm.

When told politely he was simply enforcing the rules of the management, he went berserk and hurled vulgarities at him:

“FxxK you! F**k the management!”

He also insulted ordinary Singaporeans in his rant:

“I bought an apartment here at F**king $1.5 million dollars. I am not living in a HDB flat you know?”

He asked his friend to park his car at the condo entrance for 5 minutes before entering the car park without paying the $10.

His behavior was widely condemned by netizens who called on J P Morgan to sack him.

Posted in News | Tagged: , | 12 Comments »

Ex-NUS PRC lecturer jailed for molesting female student on campus shuttle bus

Posted by temasektimes on October 17, 2019

A 35 year old PRC lecturer from NUS Department of Chemical Engineering Long Yun was jailed for 14 weeks for rubbing his groin against the thigh of a female undergraduate on board the campus shuttle bus!

According to reports from the state media, Long was standing in the bus when it jolted forward causing him to rub his groin against the victim’s left thigh.

Feeling aroused, he continued to rub his groin against her left thigh again for four minutes.

The victim was shocked by Long’s audacious actions and lodged a police report after alighting from the bus.

Long came to Singapore in 2013 and became a PR in 2015. He has since been sacked from NUS. It is not known if his PR will be revoked and he will be deported to China after he served his sentence.

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