For those victims of banks and financial institutions mis-selling of structured products like Minibonds, DBS High Notes or Pinnacle Notes, the following is a new online petition started off by Mr. Tan Kin Lian to be sent to Prime Minister Lee.
The main thrust of the Petition is to get MAS to implement a similar
settlement to what is happening in Hong Kong, i.e. 60% now and 40% of
the maturity proceeds. This is reasonable and fair as the various investigations done by both MAS and HK SFC have indications that there are systematic mis-selling of these products to retail investors and fixed depositors.
Please help to spread the news about this petition.
http://www.petitiononline.com/PPMCLN3/petition.html
陈钦亮先生再一次带领迷你债券和结构性金融产品苦主向李总理请愿，请求他为苦主们主持公道，力求金融管理局能向香港证监会一样，为苦主们寻求合理的解决方案。那就是，以至少60%的价格回购所有产品并且把从产品抵押品赎回的40%价值归还给苦主们。
这请愿书将在以下的网页收集签名，如果您想签署这请愿书，请点击以下网址：
http://www.petitiononline.com/PPMCLN3/petition.html
吴明盛代启
Thursday, July 16, 2009
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