Sunday, September 18, 2011

Fake degree scam: Quick verdicts against the social vulnerables

While the workers knew their degrees were fake and had lied in their applications for employment passes, they claimed they had little choice after having paid S$8,000 each to agents in China to land a job here.

Meanwhile, the employers who were involved in hiring the workers, a total of 17 men and 1 woman, will be charged in court at a later date.

The workers were each paid a monthly salary of S$2,650 which was transferred into their bank accounts, but after payday, they each had to return around S$1,600 to a man sent by their employer. They claimed not to have known why there were asked to do that.

The verdict against the poor workers who trespassed under coercion and vulnerable circumstances, were meted out fast. The legal process against the employers are tardy.

Worse, nothing is ever mentioned regarding the rogue agents that for many years, profit by false promises of a good job. I believe they are let off hook again this time. According to Agence France-Presse, some(worker) claimed in court that they were forced by employment agents to produce fake degrees to have their work passes approved.


Anonymous said...

eery silence on GIC's stake in UBS? What happened to our $10b? Do tony tan and lky's yoga guru chief investor still optimistic in UBS' future" or are they going to admit our sovereign wealth fund has become the "sov poverty fund" and its million-dollar management fouled up yet again and lost $10b of taxpayers' money? How come their 5 year returns are still positive? someone pse put on their thinking cap, $10b loss on 200b portfolio is a loss of 5% how can the rest of the potfolio make up for this loss and yet still record 5% pa. plus returns for the whole portfolio over 5 years when the S&P (today at 1200 vs 1350 5 years ago) is lower than it was 5 years ago? Their portfolio is 60% equities, 10% real estate (mainly US western europe and JAPAN!!) and 10% alternative (aka hedge funds and private equity) :(

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