Durai secures $25,000-a-month CEO job in Abu Dhabi
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http://www.straitstimes.com/Latest%2BNews/Singapore/STIStory_155644.html
Durai secures $25,000-a-month CEO job in Abu Dhabi
By Clarence Chang, Senior correspondent
After the conclusion of Durai's appeal and possible sentence, he will be based full-time in Abu Dhabi in the United Arab Emirates (UAE). -- ST PHOTO: MUGILAN RAJASEGERAN
FORMER National Kidney Foundation chief executive TT Durai - who was sentenced to 3 months' jail in June for deceiving the NKF, but is now appealing his conviction - has secured a new high-paying job.
The 59-year-old has accepted the position of CEO of a new subsidiary company under Singapore-based real estate management firm Property Facility Services (PFS) - a job which will pay him $25,000 a month.
After the conclusion of Durai's appeal and possible sentence, he will be based full-time in Abu Dhabi in the United Arab Emirates (UAE).
This revelation came to light in Durai's affidavit tendered to the High Court on Friday morning during his request for permission to travel overseas while out on bail.
New pay, new perks
In a offer letter signed by PFS chairman Dr Albert Hong and director Dr Shaika Al Maskari dated 21 June this year - ironically, the same day Durai was sentenced to jail - PFS told Durai that he would also be paid a 15 per cent share of the new subsidiary company's annual net profits.
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Durai gets new $25,000-a-month CEO job in Middle East
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High Court okays request to travel for work
FORMER chief executive officer of the National Kidney Foundation (NKF) T.T. Durai has been given permission by the High Court to travel to UAE for work.
His lawyer Sant Singh assured the court on Friday morning that Mr Durai, 59, who was found guilty of deceiving the charity and sentenced to three months' jail last month, is not a 'flight risk'.
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This new Abu Dhabi firm will be sponsored by Tricon Healthcare, a member of the Tricon group.
Durai's contract is scheduled to run for 5 years from 1 August. Some of his duties - to help PFS provide healthcare services, human resource consultancy, manpower recruitment and other business development projects in the Middle East region.
Besides the $25,000 monthly pay and a share of profits, some of Durai's other perks include housing expenses, the use of a company car and a reimbursement of his travel, accommodation and entertainment expenses.
Durai accepted PFS' offer on 27 August.
Can you start work now?
His lawyer also included in his affidavit a separate letter by PFS dated 13 August, informing Durai that it wants him to start work in Abu Dhabi "as soon as possible" - pending the outcome of his appeal.
In fact, until his appeal is settled, Durai's new employers have told him his immediate services are "required" in the UAE for at least 7 days straight every month, during which he would be paid a pro-rated salary.
The court granted Durai's request to travel to the UAE, with his $100,000 bail to remain.
"Confident" of appeal success
Durai also said in his affidavit that he feels upbeat about his chances in his upcoming appeal to overturn his conviction and 3-month jail term - arguing that this means he has no reason to flee the country.
He wrote: "I am advised by my Counsel and verily believe that there are good prospects of appeal against my conviction... I am confident of my prospects of success." -
Is there justice?
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he still earns enough to install golden taps in his toilet
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So while he blatantly misuses our funds for extravagance, apparently, now he attempts to go grab a Golden Handshake, and the Court allows him leave to go abroad.
This is getting ridiculous. -
Hmm..if Durai can do it so can Chee.....Chee should find a job
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better don't come back
save some oxygen for us!!! -
Of the millions (peanuts) he is paid, his ultimate worth determined by the market is only $300,000.
I think it's likewise for our peanut paid Ministers, if they should ever lose their jobs as MPs, their salaries will go down drastically. -
Originally posted by maurizio13:
i dont think theres anyone who dont know that.
[b]Of the millions (peanuts) he is paid, his ultimate worth determined by the market is only $300,000.
I think it's likewise for our peanut paid Ministers, if they should ever lose their jobs as MPs, their salaries will go down drastically.[/b] -
Best wishes to him.
Hope he does some good work there.
My mother was a dialysis patient under NKF.
I also have one friend and one colleague on dialysis.
With NKF centres all over the island, it is a far cry from the old days, when doctors play god and decide who should be on the dialysis programme. People with family, and with a good vocation, like teachers, nurses, have a good chance of being on dialysis. Singles were left to die.
Now it is available to all who have renal failure. -
Durai squandered our money, is allowed to go overseas, CSJ did not squander our money but not allowed to go overseas, this is called justiceOriginally posted by kramnave:Hmm..if Durai can do it so can Chee.....Chee should find a job -
I wonder who owns the Singapore based company he is working for in Dubai. This is golden handshake, Singapore style.
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Durai find job want to return money. Chee dun want to work and dun wanna return moneyOriginally posted by t_a_s:Durai squandered our money, is allowed to go overseas, CSJ did not squander our money but not allowed to go overseas, this is called justice
.
Further, Chee had been allowed to leave on a couple of occasions... -
Favouritism supersedes law.Originally posted by Fingolfin_Noldor:So while he blatantly misuses our funds for extravagance, apparently, now he attempts to go grab a Golden Handshake, and the Court allows him leave to go abroad.
This is getting ridiculous. -
Originally posted by maurizio13:
NKF is now better managed with the new CEO and her team and her salary is SDG12K, can go up to 19K maximum, very much less expensive then Durai.
[b]Of the millions (peanuts) he is paid, his ultimate worth determined by the market is only $300,000.
I think it's likewise for our peanut paid Ministers, if they should ever lose their jobs as MPs, their salaries will go down drastically.[/b]
More Kidney patients are qualified to admit for treatment. Treatment and medicine costs are also greatly reduced, genuinely subsidised. -
Originally posted by maurizio13:
i think they are overpaid and over-rated...
[b]Of the millions (peanuts) he is paid, his ultimate worth determined by the market is only $300,000.
I think it's likewise for our peanut paid Ministers, if they should ever lose their jobs as MPs, their salaries will go down drastically.[/b]
i think they will be nothing great outside s'pore!!!
maybe worse than sun yan zi!!! -
yi chou wan nian
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Albert Hong, the chairman of RSP Arch Planners, but does he worth $25000 per month? more than current CEO of new NKF wgich she earns abt$12000, Ren Chi Hospital CEO earns only $13000Originally posted by frakfrakfrak:I wonder who owns the Singapore based company he is working for in Dubai. This is golden handshake, Singapore style. -
no justice at all!Originally posted by qlqq9:Is there justice? -
Justice? What justice?Originally posted by qlqq9:Is there justice?
..all we have is just PAP, and this is their form of Law & Juidicial System...
which is highly modifiable...you know... like Lego toys... -
and that is the last of durai we see in singapore...
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i think this fair.
as long as he dont get govt job, that fine.
let wish PFS all the best. hopefully it go bankrupt!! -
The moral of the story is :
Support the "those-in-power" and you shall be taken care off........even if you make some silly mistake. But step on their toes ..............and you shall lose the last pair of pants that you have.
They let the courts decide Durai's fate but they tell the courts what to do with CSJ. -
Has Albert Hong employed him of his own volition?Originally posted by t_a_s:Albert Hong, the chairman of RSP Arch Planners, but does he worth $25000 per month? more than current CEO of new NKF wgich she earns abt$12000, Ren Chi Hospital CEO earns only $13000 -
i find Durai disgusting. how could a singapore company hire him as CEO ?! lots of bull.shit
it is like rewarding a criminal who has no moral values. it is like encouraging his type of behavior. nonsense! -
Yup, although I hated Durai for his deceitful role in the NKF saga, at least he seems genuinely sincere in wanting to make restitution unlike Chee who seems a good-for-nothing........Originally posted by kramnave:Hmm..if Durai can do it so can Chee.....Chee should find a job