Income-Allianz deal: NTUC Enterprise, Income rebut Tan Suee Chieh's open letter, say 'unfair' aspersions cast

Income-Allianz deal: NTUC Enterprise, Income rebut Tan Suee Chieh's open letter, say 'unfair' aspersions cast

Former CEO Tan Suee Chieh had raised objections to the Income-Allianz deal and called for government regulators to step in.

Allianz-Income deal: NTUC Enterprise, Income Insurance rebut former CEO's criticisms

SINGAPORE - NTUC Enterprise (NE) and Income Insurance late on August 4 rebutted an open letter by former NTUC Income chief executive Tan Suee Chieh, in which he had criticised and objected to an offer by German insurer Allianz to buy a controlling stake in Income Insurance, and called on the Government to stop it. Referring to Mr Tan’s Aug...