[Paul Bunyan]

Well, let's look at this issue in perspective. If there is really a rogue govt and it started to give loans to some fishy institutions owned by the families of the politicians, there will not be any checks and balances applied. The money can just be squandered off. Lending (aka investing) money to (in) fishy institutions (linked to families of politicians) without parliamentary approval? Hey, I thought the PAP has been doing that all along, usually through the guise of Temasek, GIC or other govt linked entitities.