Business China Salary: Conflict of Interest Allegations Against MP Tin Pei Ling and Husband

More accusations regarding conflict of interest have been hurled at MacPherson MP Tin Pei Ling.

Tin, who has already had her name dragged through the mud over her new job appointment at Grab, is now being scrutinised for her previous role as CEO of Business China.

She was appointed as CEO of the non-profit organisation in 2018, and is believed to have been paid a salary upwards of S$200,000 a year.

According to the Business China financial report, key management personnel were given this remuneration:

6 were paid up to S$100,000 each
4 were paid from S$100,000 to S$200,000 each
1 was paid between S$200,000 to S$300,000

The two largest sources of income of Business China were donations and grant money, with the Tote Board giving the largest grant of S$1.73 million.

Tin’s husband, Ng How Yue, was appointed as a board member of the Tote Board in 2019.

The Permanent Secretary for Health is still a board member.

The Singaporean public has questioned whether there was any conflict of interest in such an appointment, seeing that his wife was the CEO of Business China during that time.

Tin left Business China for Grab last week.

Her appointment as director for public policy was widely condemned by the public due to her positions in several government committees.

She was later reassigned as director of corporate development.

Ng has held several appointments across the civil service, and at one time served as Principle Private Secretary to PM Lee Hsien Loong.

All of Business China’s CEOs to date have been serving PAP MPs.

The list includes the likes of Sun Xueling, Low Yenling and Josephine Teo.

These appointments have also seen public backlash levelled at the Tote Board and the government.

The Tote Board is a statutory board of the Ministry of Finance.

Many have questioned why PAP MPs were appointed to head Business China, and how fat were the paychecks they received.

The Tote Board has since entered into a new funding agreement with Business China in April last year.

Under this agreement, the Tote Board will fund 40 percent of Business China’s annual operating expenditure, capped at S$5,200,000, until Dec 2024.

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