Tharman concedes after failing to answer question on transparency

After being asked by WP MP Low Thia Khiang, Tharman tries to say that the second key held by the President on drawing of reserves ‘is not wayang’.

When asked for more transparency to quell such worries as those raised by Low, by PAP MPs Irene Ng and Inderjit Singh, Tharman says he did not think ‘that was relevant’ and concedes to bring forth the ‘principle’ we uphold here in Singapore that is different from more transparent nations like Norway and Australia, etc., one that seemingly gives undue trust ‘in the individuals who are in charge’, ‘including those appointed to the CPA and the elected President’.

Watch the full exchange here:

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