Review of NBER Study Links Civil Servants to Property Purchases in Singapore
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
The Singapore government reviewed a study published by the National Bureau of Economic Research regarding property purchases made by civil servants near locations that were later announced as MRT stations. The review focused on property transactions of 191 civil servants between 2007 and 2014. Eight civil servants have been referred to the police for further investigation, though the government stated that a referral does not confirm wrongdoing.
Why it matters
The review was prompted by the paper, which alleged that civil servants and their relatives purchased property worth S$270 million ($210 million) near planned train stations before they were publicly announced. The government emphasized that public officers must not use official duties to advance private interests.
Who's involved
- SingaporeSovereign island country where the civil service review took place.
- Chan Chun SingMinister and official representative of the Singaporean government.
- National Bureau of Economic ResearchUS-based economic research organization whose paper initiated the review.
How it developed
Newest first. Tap a step to see who reported it.NBER study links civil servants and property purchases in Singapore.1 source
The government reviewed the NBER study concerning the link between civil service conduct and property purchases in Singapore.1 source
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The entities involved
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Singapore
sovereign island country and city-state in maritime Southeast Asia
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Chan Chun Sing
Singaporean politician (born 1969)
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National Bureau of Economic Research
economic research organization in the United States
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