Why should all the fines imposed on telco and transport operators be keep by the Government?
I refer to the article “Singtel fined $500,000 for massive 24-hour fibre broadband disruption last December” (Straits Times, Oct 16).
It states that “Singtel has been fined $500,000 – the largest in three years – for an islandwide fibre broadband outage last year that left some 490,000 users cut off from the Web.
The outage on Dec 3 that lasted for nearly 24 hours affected close to 90 per cent of Singtel’s fibre broadband user base.
Announcing the fine on Monday (Oct 16), the Info-communications Media Development Authority (IMDA) said its investigations showed that the disruption was triggered by a planned maintenance.
The largest telco fine of $6 million was meted out in May 2014 to Singtel over a fire at its Bukit Panjang Internet exchange in 2013 that took down phone lines, banking payment and Internet services across Singapore.”
As A matter of principle – why should all the fines imposed on telcos, transport operators, be keep by the Government?
After all, it is already having large Budget surpluses and Cash Budget surpluses (under IMF fiscal reporting guidelines) almost every year.
Why not return all the fines collected to the people?
Leong Sze Hian