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Sovereign Wealth Funds Briefing - Categorized | Trends

Singapore admits crisis response gap after metro woe

Posted on 10 January 2012

Major breakdowns in Singapore’s metro system exposed serious flaws in the security-obsessed country’s ability to respond to an emergency, the transport minister admitted Monday. Metro operator SMRT’s main investor is state investment agency Temasek Holdings.
“The execution of emergency preparedness plans… ought to be significantly improved,” Lui Tuck Yew, a former Singapore Navy chief, told parliament…………………………………….Full Article: Source


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