19 Jun '17, 11am

Statement by PM Lee Hsien Loong on 38 Oxley Road

Good evening. Over the last week, Singaporeans have been disturbed and confused by news of the private dispute between my siblings and me. I deeply regret that this dispute has affected Singapore’s reputation and Singaporeans’ confidence in the Government. As your Prime Minister, I apologise to you for this. And as the eldest of the siblings, it grieves me to think of the anguish that this would have caused our parents if they were still alive. I had done everything possible to avoid this state of affairs. My father left the property at 38 Oxley Road to me as part of my equal share of his estate, but my siblings were not happy about this. I tried to deal with their unhappiness privately. I offered to transfer 38 Oxley Rd to my sister for a nominal $1. Unfortunately that offer failed. I then sold the house to my brother at a fair market valuation, and donated all my proceed...

Full article: http://www.pmo.gov.sg/newsroom/statement-pm-lee-hsien-loo...

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