NKF bluff money ah!!!!

Read from the papers, watched the news and heard the radio...


News Article 1, News Article 2

The Straits Times reports that the CEO (Big Boss) of NKF earns $25,000 per month. 'That makes his annual salary between $550,000 and $600,000, or $1.8 million in total over the past three years.'

His office toilet tap is made of gold!!!

And he flies around in first class seats...

'The court also heard the NKF had a fleet of eight cars and drivers, which Mr Durai and its visiting guests and VIPs could use.

NKF also paid for the road tax, repair and maintenance for Mr Durai's personal Mercedes Benz.

On NKF's reserves, the court was told it stood at $262 million as of July 2005.

Mr Singh argued that if the NKF stopped all fundraising activities and concentrated on treating kidney patients, it would still have enough money to see through its operations for 30 years, based on its expenses scheduled for 2003.

For that year, the NKF received $24.4 million for patient fees for dialysis but spent some $31 million for these operations.

So even if it was out of pocket of $7 million to $8 million per year, NKF's current reserves were sufficient for at least 30 years.'

Haha... Lately, I've been learning so much about 'giving'...
but all these... Sigh...