NKF files writ against SPH - Watch "charitable" organisations closely
- Editor's Comments:
Attached below is latest grapevine that the NKF is suing SPH.
The question is whether the general public should also follow the lead set by
the NKF and sue the NKF for gross misrepresentation and misallocation of public
Rough estimates and ball park figures indicate that assuming the annual
operating costs of the NKF is SGD50-60 million a year, their current reserves
will last them at least 3 to 4 years easily. When/if they are unemployed, most
Singaporeans do not have 3-4 years of savings in the form of readily liquid
cash deposits (if we do not count CPF funds which are not accessible even when
one is unemployed), so it is blatant insult to the public's moral senses that
the NKF should even approach them for any donations.
A similiar analogy would be Royalty approaching the plebian proletariats for
charitable contributions (which they did any way in the form of massive taxes
during medieval times).
Finally, this squabble amongst two Government Owned Organisations is a blatant
waste of tax dollars.
Singapore's GLCs and State Owned companies (whether they are classified
as "charitable" or otherwise) have serious transparency issues and
they need to be watched closely.
"Some of the organizations have millions of funds in reserves and sinking
funds. Too much is at stake. It will be a grave dereliction of duty if systems
are not put in place to protect such funds and assets from being criminally
From: "Yadav, Dharmendra"
Date: Mon, 26 Apr 2004 01:31:05 -0000
Subject: [singaporemedia] NKF files writ against SPH
NKF files writ against SPH
Monday April 26, 2004
The National Kidney Foundation (NKF) is suing Singapore Press
Holdings (SPH) over an article in The Straits Times (ST).
The NKF filed a writ of summons in the High Court on Friday,
following a lawyer's letter sent to ST on April 19 asking for an
apology and a retraction.
ST's failure to comply has "increased" the injury done to the charity
and its CEO, Mr T T Durai, said an NKF spokesperson. The writ was
filed against SPH and a reporter who wrote an article, "The NKF:
Controversially ahead of its time?" which, the NKF said, implied it
had mismanaged donors' money and was defamatory.
An SPH spokesperson told Today after it received the letter, the
company had asked for time to examine the matter and prepare a
response. It then received the writ on Saturday.
"We will be looking into this and are unable to comment on the course
of action at this point." Derrick A Paulo
Copyright MediaCorp Press Ltd. All rights reserved.
Subject: [singaporeforum] Tan K T: Watch charitable organisations closely
Rejected by ST Forum
1. We thank Tan Kok Tim for this contribution.
2. To discuss this letter, see
Watch charitable organisations closely
By Tan Kok Tim
April 17, 2004
Father Joachim Kang's admission of guilt in court to
the CBT charges has brought his trial to an earlier
His decision has ended the further washing of linen in
public. He will be sentenced on Monday, 19th April.
To err is human and to forgive is divine. Many will
pray for him.
What can we learn from this case?
I believe the church is registered under the Charities
Act and it has to file annual accounts. There is a
proviso that requires the church to spend 80% of its
yearly receipts on local charitable activities.
Are the church's accounts audited and are the accounts
filed with the authorities?
Who are the external auditors? Will they comment on
the unaccounted church funds?
Will the authorities review the inherent weaknesses in
the system on how the funds are managed?
In my younger days I was a member of a non profitable
organization and I went to great lengths in changing
its Bye-Laws for the sake of posterity by making sure:
a] the organization cannot be wound up unless it is
approved by a unanimous decision of its members;
b] upon dissolution, the organization has to donate
its remaining funds and assets to other charitable
organizations registered in Singapore;
c] no members shall profit from the dissolution of the
These basic conditions form the corner-stone of the
Bye-Laws, which cannot be altered under any
circumstances. It is meant to prevent future members
from raiding the assets of the organization. It has
withstood the test of time.
Since then, I believe no non profit organisation can
be registered under the Charities Act unless they
accept and enshrine similar conditions in their
I hope the authorities will continue to remain
vigilant and introduce updated measures to prevent
rouge executive members from embezzling the funds of
Some of the organizations have millions of funds in
reserves and sinking funds. Too much is at stake. It
will be a grave dereliction of duty if systems are not
put in place to protect such funds and assets from
being criminally manipulated.