Wednesday, July 13, 2005

NKF boss paid yearly salary of RM1.3m

NKF boss paid yearly salary of RM1.3m: "NKF boss paid yearly salary of RM1.3m

SINGAPORE: The chief executive of Singapore's biggest charity group withdrew a defamation suit yesterday after being forced to reveal his annual salary of about S$600,000 (RM1.3mil) local media reported.

T.T. Durai, the chief executive officer of the National Kidney Foundation (NKF), also conceded he flew first class when travelling overseas, although he insisted he was entitled to the benefits of “every other CEO.”

Durai appeared in court on Monday as part of a defamation suit by NKF against Singapore Press Holdings, the publisher of the city-state's main English language newspaper, the Straits Times. "

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