...After the will was read on 12 April, I again kept both you and Ling posted on all that I had done including the 4 items loaned to NHB. In fact, I was in the basement working with the maids, when I was asked to join you and Fern, as well as Loong and Ling, for the reading of the will.
You may wish to check your email records to refresh your memory on the various updates that I had given you during those 2 weeks....
The property was initially bequeathed to PM Lee. His siblings were unhappy about this, so he proposed transferring the house to Dr Lee for a nominal sum of $1, he said in the statement. This was on condition that if it was transacted later or acquired by the Government, all proceeds should go to charity.
But an agreement could not be reached until late 2015, when PM Lee transferred ownership of the house to his brother instead at market value. In addition, the brothers each donated half the value of the house to eight charities named in Mr Lee Kuan Yew's obituary notice.
36. After the General Elections, LWL and LHY agreed to my fresh proposal to transfer 38 Oxley Road to LHY at market value, on condition that LHY and I each donated an amount equivalent to half of that value to charity, to pre-empt any future controversy over compensation or redevelopment proceeds. I was prepared to transfer 38 Oxley Road to LHY so that he and LWL could handle the 38 Oxley Road matter as they saw fit between them. In accordance with our agreement, I donated half of the value of 38 Oxley Road to charity. Although not required under the agreement, I also donated a sum equivalent to the other half of the value of 38 Oxley Road to charity. 38 Oxley Road now wholly belongs to LHY. This is consistent with the position that I had always held and conveyed to my family: 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. LHY was and continues to be unhappy about my taking this position. So, it would appear, is LWL.
Engineer 发表于 24-6-2017 04:47 PM
36. After the General Elections, LWL and LHY agreed to my fresh proposal to transfer 38 Oxley Road to LHY at market value, on condition that LHY and I each donated an amount equivalent to half of th ...
。。。LWL and LHY agreed to my fresh proposal to transfer 38 Oxley Road to LHY at market value, on condition that LHY and I each donated an amount equivalent to half of that value to charity,。。。
In accordance with our agreement, I donated half of the value of 38 Oxley Road to charity. Although not required under the agreement, I also donated a sum equivalent to the other half of the value of 38 Oxley Road to charity. 38 Oxley Road now wholly belongs to LHY
Engineer 发表于 24-6-2017 05:32 PM
In accordance with our agreement, I donated half of the value of 38 Oxley Road to charity. Although not required under the agreement, I also donated a sum equivalent to the other half of the value o ...
发表于 24-6-2017 11:06 AM
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