NTUC assistant secretary-generals Heng Chee How and Desmond Tan, who are among the workers MPs, defended the senate ‘ freedom during that change.
” The union leaders agreed that this situation ( halting the Aliianz deal ) does not look good for NTUC, and it seems like NTUC did n’t act in the public interest”, said one attendee of Wednesday’s meeting who chose to remain anonymous.
The assumption was that the NTUC will have to labor on strengthening and sharpening its open communication, and even improve its conversation, the person said.
NTUC secretary-general Mr Ng said on Twitter after the conference that it was a “productive” discourse for unions to understand the problems.  ,
He added that the ministers ‘ emphasis was on how the NTUC and the PAP government will continue to improve their symbiotic relationship.
On Thursday, he told CNA that there was” no doubt” that the NTUC-PAP relationship remains strong.
” Obviously, there was new information that MCCY ( Ministry of Culture, Community and Youth ) brought up, and there’s a difference in view as expressed”, he said.
But, NTUC accepts the government’s stance and will examine the implications thoroughly and how to continue, he added.
DEAL BLOCKED
The Singapore authorities announced on Monday that it was halting the agreement between European insurer Allianz and Income Insurance, with secretary Edwin Tong claiming in parliament that it was deemed to be in the public’s best interest.
This was followed by NTUC assistant secretary-general Desmond Tan’s discovery on Wednesday, that the NTUC key committee had no knowledge of a S$ 2 billion investment recovery program under the proposed package, due to commercial differences.
In an Aug. 5 statement, Mr. Ng and Ms. Thanaletchimi reiterated the organization’s social mission and assured everyone that NTUC Enterprise will continue to hold onto” a significant interest” in Income.
They claimed they understood the issues raised by some people about the proposed offer, but that NTUC Enterprise was unable to provide financial assistance for Income on its own.