Act with honour and integrity

I hope that our Monetary Authority of Singapore and the financial institutions will come forward to do the right thing.

Mistakes have been made in approving the credit linked securities and in selling these securities to the general public. At that time, these parties were probably not aware about the nature of these securities and the real risks.

Now that this matter is known, they can come forward to admit a mistake. They can offer a fair compensation to the investors. The investors cannot be made to shoulder the entire loss, due to mistakes made by people who should be more knowledgeable and institutions that they have trusted!

It is time to act honourably. This is what integrity is about.