The aged old pension fund
The EPF has become the toy boy
For the Bee Anne to take for rides
What else they keep quiet?
Imagine the financial ruin
EPF has no guarantee lending loans
To a tune of over $55 billions
No security to back up for it
EPF isn't a finance institution
It is set up to take care of the workers
For their old age to enjoy their twilight years
The BOD should have resigned for failures
Now they invest overseas
The properties to generate income
Do management and Bod study the impact?
What if the properties bubble?
Back home it is ameeno piggy rides
The financial funding to support their life styles
The Auditor General's report never mentioned companies
It is believed it is the GLCs
Even members want to withdraw
To settle their financial loans and obligations
They get negative responses
But with $55 billions so easy to let go!
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