Monday, March 9, 2015

The disordered SMRT under over-rated CEO Desmond Kuek

To say that the name Desmond Kuek is synonymous with frequent rail disruptions is not an exaggeration. The employment of this ex-SAF Lieutenant-general as CEO in 2011 was not without misgiving among Singaporeans as it was considered ridiculous that an ex-SAF Lt-general without the necessary business and technical experience could run the SMRT efficiently. An ex-SAF general's experience was in running the SAF and used to issuing orders to soldiers with absolute obedience. Running the SMRT is altogether different and requires business and technical acumen that a CEO must be endowed with.

To show what a joker CEO Desmond Kuek is, he could display a blatant irresponsibility two months after assuming duty as CEO by vacationing in the United States in complete disregard to an illegal strike by 171 PRC drivers of SMRT. He returned only after everything had been brought under control.

Another instance of his inadequacy was in bringing in four SAF buddies into the SMRT management in December 2012 "to steer the beleaguered transport operator back on track". He acknowledged that SMRT was beleaguered but bringing in four SAF buddies to steer it back on track is mind-boggling. Like Desmond Kuek who lacks the necessary expertise to run SMRT, the bringing in of four SAF personnel, without the requisite experience, to steer it back on track could only mean to take the commuting public for a ride. It could only enhance the suspicion that the joker Desmond Kuek was out to make the SMRT a defence entity like PM Lee Hsien Loong's Cabinet.

That Desmond Kuek and his SAF buddies have not been able to make any improvement to the frequent rail disruptions since taking office is all too clear to the commuting public. They are not too blind to see the desperate effort of the CEO in trying to put up an artificial defence each time the SMRT runs into mishap. It happens so frequent that it ceases to have any meaning to the commuting public.

There have been at least five rail disruptions since 23 February with the latest two occurring on Tuesday 3 March.A sixth disruption has just occurred tonight at the Bukit Panjang LRT and it's so severe that services could only be restored the next day. Desmond Kuek acknowledged that commuter confidence in the reliability of SMRT's train services has been shaken. Whatever plans Desmond Kuek promised to make  to remedy the defects will not be able to convince the public because past promises have been found to be meaningless. Desmond Kuek and his SAF buddies just lack the expertise to run the SMRT efficiently. They are only fit to run the SAF with their absolute command.

So is there any remedy? Desmond Kuek is obviously found to be severely wanting and the most logical choice is a replacement with the requisite expertise to run the SMRT efficiently. So if for political expediency, it is found necessary for Desmond Kuek to continue as CEO, rail disruptions will be a perennial problem as Kuek will never have the expertise to overcome it.The ideal solution will however be the nationalisation of the transport system.

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DESCRIPTION OF INSTRUMENTS:
1. Instrument: Bank Guarantee (BG)/SBLC (Appendix A)
2. Total Face Value: 10M MIN to 50B MAX USD or Euro



3. Issuing Bank: HSBC, Deutsche Bank Frankfurt, UBS or any Top 25 .
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7. Delivery by SWIFT .
8. Payment: MT103-23
9. Hard Copy: Bonded Courier within 7 banking days.

If you have need for Corporate loans, International project funding, etc. or if you have a client that requires funding for his project or business, We are also affiliated with lenders who specialize on funding against financial instruments, such as BG, SBLC, POF or MTN, we fund 100% of the face value of the financial instrument.
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Our BG/SBLC Financing can help you get your project funded, loan financing, please let me know if you are interested in any of our services, by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding.

We are ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact me direct. [via Contact Form Below]

Regards

Dimitrij Conradi
Email: dimi.conradi1970@gmail.com
conradi.dimitrij@bk.ru
Skype: conradi.dimitrij@bk.ru
WhatsApp: +905456646659

Kelvin Faiz said...

We Facilitate Bank Guarantee (BG) & Standby Letter of Credit (SBLC) Instrument Direct Mandate Provider of Fresh Cut Bank Instrument for Lease/Purchase such as BG, SBLC, MTN.

Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected We are direct to a provider for BG /SBLC Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.

Our BG/SBLC Financing can help you get your project funded, loan financing by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding: For further details contact us with the below information.

email:kfaiztrippleainstrument.uk@gmail.com
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Paula Martínez said...

My name is Paula Martínez and I would want to admonish anyone here that would listen to me to not use all of these Private Money Lender here, there are not legitimate and if they have a free email account tag i.e. yahoo, gmail, hotmail, live etc then they are not legitimate. If they have telephone number with international dialing codes from Nigeria, India, Singapore and France then you have to beware. A legitimate company would have a genuine website, personalized email address/account and based in the country they claim they are. I would recommend anyone looking a a serious/honest loan lender to visit: CUCINA FINANCE (UK) LIMITED with REG NO: 06305253 (https://suite.endole.co.uk/insight/company/06305253-cucina-finance-uk-limited) and their reputation speaks louder and commands respect than others in the industry when it come to obtaining all kinds of loan/finance, mortgage, trade finance, working capital, debt consolidation, project finance/loans, business loans and Real Estate Loans. Their full website information and contact details are Tel no: +44 (123) 388-5014, Whatsapp: +44 7425-381661, Website: https://cucinafinance.com or Email: finance@cucinafinance.com located in Ashford, Kent,. UK.

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Blaine Lorcan said...

We are project funder as well as financial lender. We have BG/SBLC specifically for BUY/LEASE at a leasing price of 4%+2% of face value Issuance by HSBC London and many other 25 top AA rated Bank in Europe, Middle East or USA. We also secure funding. Also We are into the provision of short term and long term business/personal loans for both small and large scale business funds.

* FOR LEASING OF BG/SBLC
MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
LEASING FEE = 4%+2%

* FOR PURCHASE OF FRESH CUT BG/SBLC
PRICE = 32%+2%
MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M

Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.
Contact Name : Blaine Lorcan
Contact Email: blainelorcan@gmail.com
Skype:blainelorcan@gmail.com
Whatsapp Num: +1(501)420-4128

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Finn Walsh said...

We are Ireland based major/Direct providers of Fresh Cut BG, SBLC, POF, MTN, Bonds and CDs and this financial instruments are specifically for lease and sale.We are one of the leading Financial instrument providers with offices all over Europe.
we always deliver on time and precision as Set forth in the agreement. You are at liberty to engage our leased facilities into trade programs, project financing, Credit line enhancement, Corporate Loans (Business Start-up Loans or Business Expansion Loans), Equipment Procurement Loans (Industrial Equipment, Air crafts, Ships, etc.) as well as other financial instruments issued from AAA Rated bank such as HSBC Bank Hong Kong, HSBC Bank London, Deutsche Bank AG Frankfurt, Barclays Bank , Standard Chartered Bank and others on lease at the lowest available rates depending on the face value of the instrument needed, Our Terms and Conditions are reasonable.
DESCRIPTION OF INSTRUMENTS:
1. Instrument: Bank Guarantee (BG)/SBLC (Appendix A)
2. Total Face Value: 10M MIN to 50B MAX USD or Euro
3. Issuing Bank: HSBC, Deutsche Bank Frankfurt, UBS or any Top 25 .
4. Age: One Year, One Day
5. Leasing Price: 4+ 2%
6. Sale Price: 32+2%
7. Delivery by SWIFT .
8. Payment: MT103-23
9. Hard Copy: Bonded Courier within 7 banking days.
If you have need for Corporate loans, International project funding, etc. or if you have a client that requires funding for his project or business, We are also affiliated with lenders who specialize on funding against financial instruments, such as BG, SBLC, POF or MTN, we fund 100% of the face value of the financial instrument.
Inquiries from agents/ brokers/ intermediaries are also welcomed; do get back to us if you are interested in any of our services and for quality service.
Name : Finn Walsh
E-mail : everydayfinancedesignated@gmail.com
Skype id : everydayfinancedesignated@gmail.com

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Finn Walsh said...

We are Ireland based major/Direct providers of Fresh Cut BG, SBLC, POF, MTN, Bonds and CDs and this financial instruments are specifically for lease and sale.We are one of the leading Financial instrument providers with offices all over Europe.
we always deliver on time and precision as Set forth in the agreement. You are at liberty to engage our leased facilities into trade programs, project financing, Credit line enhancement, Corporate Loans (Business Start-up Loans or Business Expansion Loans), Equipment Procurement Loans (Industrial Equipment, Air crafts, Ships, etc.) as well as other financial instruments issued from AAA Rated bank such as HSBC Bank Hong Kong, HSBC Bank London, Deutsche Bank AG Frankfurt, Barclays Bank , Standard Chartered Bank and others on lease at the lowest available rates depending on the face value of the instrument needed, Our Terms and Conditions are reasonable.
DESCRIPTION OF INSTRUMENTS:
1. Instrument: Bank Guarantee (BG)/SBLC (Appendix A)
2. Total Face Value: 10M MIN to 50B MAX USD or Euro
3. Issuing Bank: HSBC, Deutsche Bank Frankfurt, UBS or any Top 25 .
4. Age: One Year, One Day
5. Leasing Price: 4+ 2%
6. Sale Price: 32+2%
7. Delivery by SWIFT .
8. Payment: MT103-23
9. Hard Copy: Bonded Courier within 7 banking days.
If you have need for Corporate loans, International project funding, etc. or if you have a client that requires funding for his project or business, We are also affiliated with lenders who specialize on funding against financial instruments, such as BG, SBLC, POF or MTN, we fund 100% of the face value of the financial instrument.
Inquiries from agents/ brokers/ intermediaries are also welcomed; do get back to us if you are interested in any of our services and for quality service.
Name : Finn Walsh
E-mail : everydayfinancedesignated@gmail.com
Skype id : everydayfinancedesignated@gmail.com

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Robert Owens said...


Standby Letter of Credit Monetization (BG/SBLC) - Leased/Purchased


Complete Leased/Purchased Standby Letter of Credit Monetization (BG/SBLC) Non Recourse Loan

We offer Standby Letter of Credit Monetization (BG/SBLC)

Bank SWIFT - We use the Bank SWIFT Network to have the Standby Letter of Credit (SBLC) delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760.



Standby Letter of Credit Monetization LTV:

1M to 50B Standby Letter of Credit - Leased (BG/SBLC) - 60% Non Recourse Loan
1M to 50B Standby Letter of Credit (BG/SBLC) - 90% Non Recourse Loan

Estimated Completion Time:

5 to 7 Days after all documents are signed and verified or 3 to 4 Days After Instrument Delivery on the SWIFT Network.


Closing Process - SWIFT

After execution of the Standby Letter of Credit Monetization contract by both parties the Client will instruct his bank to send SWIFT MT799 to the bank coordinates provided by the Monetizer.

The Monetizers bank on receipt of the SWIFT MT799 from the clients bank will reply with a SWIFT MT799.

On receipt of the Monetizers bank SWIFT MT799 the Clients bank will deliver the Standby Letter of Credit (SBLC) by SWIFT MT760 to the Monetizers bank.
Upon receipt, confirmation and delivery of the SWIFT MT760 the Standby Letter of Credit Monetizer will within maximum four (4) banking days grant a Non Recourse Loan for the LTV as agreed from its nominated bank to the Client.

The Standby Letter of Credit Monetizer agrees to return the Standby Letter of Credit (SBLC) unencumbered fifteen (15) calendar days before the 1 year anniversary of the signed contract between the parties.

Brokers & Consultants:
Always 100% Protected & Respected
Healthy Commissions Paid

For More Inquiries,
Email :robertowens070@gmail.com
Skype :robertowens070@gmail.com

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Abel Chadwick said...

Are you an individual businessman or a business organisation that wishes to expand in business ??, we offer financial instrument such as BGs, SBLCs,MTNs, LCs, CDs and others on lease and sales at a rate of 4%+2% of the face value and reasonable conditionfrom a genuine provider. You are at liberty to engage our leased facilities into trade programs as well as in signatory project(s) such as Aviation, Agriculture, Petroleum, Telecommunication and any other project(s) etc.

Contact : Mr. Abel Chadwick
Contact Email: abelbroker9000@gmail.com
Whatsapp : +380 50 922 4887

With our financial/bank instrument you can establish line of credit with your bank and/or secure loan for your projects in which our bank instrument will serve collateral in your bank to fund your project.

We deliver with time and precision as set forth in the agreement. Our terms and Conditions are reasonable and we work directly with issuing bank lease providers, this instrument can be monetized on your behalf for upto 100% funding. Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.

All relevant business information will be provided upon request.

BROKERS ARE WELCOME & 100% PROTECTED!!!

If Interested kindly contact me via

Email:~ abelbroker9000@gmail.com

serious enquiry only.

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