7/14/2005

N.K.F

I have beend reading with disgust and i admit alot of glee(nothing beeter then a good court battle) about the fiasco of the NKF suit against SPH.
Here is my take, they can pay this "CEO" whatever they want, but they should publish the figures the pay of the prime minister is pbulished why not this guy. They can give him a bonus of 10months thats fine but what is the criteria for this bonus and what does the average NKF staffer get. Flying first class? that he shouldnt be doing, biz class attains the same amount of comfort and the only difference is the price. A car for him and his family, thats fine but why a merc, why not a honda or some other cheaper car and why if he is earning 550k a year doesnt he just buy his own car. The worst thing is that he is also a director of a few other compaines that the NKF board is not aware of(as reported in the papers)
IT seems this lack of transparency is rampant in the NKF .The fact that the NKF has 1000 not 3000 patients is huge. where did the 2000 other people disappear to, have they been cured by some miracle of durai? if so then i say we give this man a 1million dollar bonus. The NKF has said over and over again that they could run out of funds in 3 years, 3 years we now find is a worst case senario and while it is good to prepare for the worst they have never told us what is the "probable" senario. You can do the math, 1000 patients 183million in reserve. To me this lack of transparency on the part of NKF seems to be a scare tactic, maybe they feel that if they dont let people know how much they really have we will keep donating and this is an understandable assumption However they have misjudged the donor spirit of singaporeans, we understand the need to keep reserves for a rainy day, we understand the need to reward people for good work, what we dont understand are free cars, first clas travel and gold taps.

A review of the process and procedure of the NKF should by carried out, an independant audit should be done and the results published, the NKF should go on a education blitz and tell us why we should donate money to them. We have had the wool pulled over our eyes, i belive singaporeans would have donated anyway if things were more transparent, as it is the NKF will move from a position where we look at it with respect and high regard to one where we distrust it altogether.And the people that need it the most will be the ones to suffer, that is the ultimate failure of the NKF.