Taking a POSITION OF INTEGRITY
PM Lee Hsien Loong's long held position on 38 Oxley Road is that "it is not tenable for the family to retain proceeds from any dealing with 38 Oxley Road, as it would look like the family is opposing acquisition and preservation of the House for monetary reasons." ...
This is the position he also conveyed to the Lee family. A refusal to reap monetary benefits from the significance of 38 Oxley Road to Singapore is a position of integrity.
LHY IS NOT HAPPY WITH THIS POSITION HELD BY LHL.
In line with his position, PM Lee made a first offer to transfer 38 Oxley Road (which was bequeathed to him) to his sister LEE WEI LING for a nominal $1 on the condition that should the property be transacted later or acquired by the Government, all proceeds would go to charity.
This offer was rejected.
In another bid to resolve the dispute, he then made a second offer to sell the house to LHY at reasonable market value on condition that they each donate an amount equivalent to half of that value to charity.
This ensures 100% of the proceeds went to charity.
On his part, PM Lee donated not just 50% but all of the money he received from selling the house to LHY. This is in line with his position that he will not retain any money from the sale of 38 Oxley Road.
IS LHY RESISTING PRESERVATION FOR MONETARY BENEFITS? LHY CAN HELP DISPEL ANY IDEA BY REVEALING HIS PLANS FOR 30 OXLEY ROAD. See More
PM Lee Hsien Loong's long held position on 38 Oxley Road is that "it is not tenable for the family to retain proceeds from any dealing with 38 Oxley Road, as it would look like the family is opposing acquisition and preservation of the House for monetary reasons." ...
This is the position he also conveyed to the Lee family. A refusal to reap monetary benefits from the significance of 38 Oxley Road to Singapore is a position of integrity.
LHY IS NOT HAPPY WITH THIS POSITION HELD BY LHL.
In line with his position, PM Lee made a first offer to transfer 38 Oxley Road (which was bequeathed to him) to his sister LEE WEI LING for a nominal $1 on the condition that should the property be transacted later or acquired by the Government, all proceeds would go to charity.
This offer was rejected.
In another bid to resolve the dispute, he then made a second offer to sell the house to LHY at reasonable market value on condition that they each donate an amount equivalent to half of that value to charity.
This ensures 100% of the proceeds went to charity.
On his part, PM Lee donated not just 50% but all of the money he received from selling the house to LHY. This is in line with his position that he will not retain any money from the sale of 38 Oxley Road.
IS LHY RESISTING PRESERVATION FOR MONETARY BENEFITS? LHY CAN HELP DISPEL ANY IDEA BY REVEALING HIS PLANS FOR 30 OXLEY ROAD. See More
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