Facts about Singapore reported by Asia Sentinel

Excerpts from http://asiasentinel.com/index.php?option=com_content&task=view&id=162&Itemid=34

"Singapore has two main government-controlled investment companies, the Singapore Government Investment Corporation and Temasek Holdings. The board members of GIC were unknown until 2001, when it was revealed in the foreign press that the chairman was Lee Kuan Yew, and his son Lee Hsien Loong was deputy chairman. The accounts and operations of the GIC are not made available to the public that owns it.
"Economists at the US Embassy have calculated the government’s control over the economy through Temasek to be as high as 60%. The government claims these companies comprise just 13% and that they operate independently of the government.
"SingTel’s chief executive is Lee Hsien Yang. He is Lee Kuan Yew’s younger son. He did not have telecom management experience before being appointed Singtel CEO.
"Temasek is the vehicle that owns the controlling stakes in many of Singapore’s major companies. It is wholly owned by the Finance Ministry. The Finance Minister is also the Prime Minister, Lee Hsien Loong.
"Temasek’s chef executive is Ho Ching. She is Prime Minister Lee Hsien Loong’s wife.