Shannelle Christine

Monday, January 29, 2007

again

In 1992 (the year you were born)

George H.W. Bush is president of the US

Hurricane "Andrew" becomes the most costly in US history with $20 billion worth of damage

Arkansas Governor Bill Clinton is elected President of the United States

Riots break out in Los Angeles after police are acquitted in the Rodney King case

An "Earth Summit" is held in Brazil to address global environmental problems

Jay Leno replaces Johnny Carson as host of the Tonight Show on NBC

George H. W. Bush becomes ill on a visit in Japan and vomits on the Japanese Prime Minister

Mike Tyson goes on trial charged with raping a 1991 Miss Black America Contest contestant

Amy Fisher, the "Long Island Lolita," is arrested for shooting Mary Jo Buttafuoco on the front porch of her home

Toronto Blue Jays win the World Series

Washington Redskins win Superbowl XXVI

Pisstburgh Penguins win the Stanley Cup

Aladdin is the top grossing film

"End of the Road" by Boyz II Men spends the most time at the top of the US charts

Mad About You and The Real World premiere

Sailor Moon premieres on TV Asahi in Japan


Your Stress Level is: 62%

You are prone to stress, and you're probably even pretty stressed right now.
Life's problems seem to pile up on you, and this often makes you feel depressed and burned out.
Learn to take time to relax and enjoy life, even if things are stressful. It's the only wa you'll get through the bad times.


Your Envy Quotient: 37%

You are an occasionally envious person, but jealousy doesn't usually get the better of you.
You're wise enough to know that envy feels horrible - and does nothing to improve your life.
A little jealousy is normal: so go ahead and let yourself feel it. But don't let it bum you out!

Wednesday, January 10, 2007

Former NKF CEO allegedly paid staff salaries and bonuses based on own decisions

SINGAPORE: Day two of the National Kidney Foundation civil trial highlighted how the former CEO paid staff salaries and bonuses based on his own decision and how he travelled overseas luxuriously.

NKF's lawyer K Shanmugam said TT Durai did not consult the executive committee on these matters, so favoured employees received high and unauthorised payouts because there was no proper remuneration policy.

For example, former board member Matilda Chua, was given a six months bonus of about $75,000, on top of the six months she was already getting, even though Durai knew she was about to resign.

NKF lawyer Mr Shanmugam said this was "uncomprehensible", noting that such a payment was very difficult to justify even in a commercial organisation.

In a charitable organisation, like NKF, he said "it cannot be justified, period."

Another example that Durai had absolute control of the charity, with no oversight - he made extensive travels and exorbitant expenses, all approved by himself.

In the courtroom, Mr Shanmugam pointed out that Durai travelled first class and stayed in luxurious hotels, even through he was then the CEO of a charity organisation.

Over a seven and a half year period, Durai charged more than $1m for hotel stays for himself and possibly for other NKF staff like Matilda Chua. Mr Shanmugam said what Durai did on those trips and how it benefited NKF, no one knows.

Mr Shanmugam also pointed out how the old NKF allegedly lost sight of its charitable objective by concentrating on fund-raising activities, instead of patients' welfare.

He said from 2001 to 2003, funds raised grew from about $59m to some $68m, but during the same period, the net amount spent on patients' dialysis and transplantation fell by nearly half from $12m to around $7m. - CNA /dt



Source: http://sg.news.yahoo.com/070110/5/singapore251481.html