Unless more than one Certificate of Eligibility is issued, this Presidential Election could still turn out to be a walkover. It would be helpful for businessman George Goh to show voters he meets the private sector requirements soon, says SMU associate professor Eugene K B Tan.
It is precisely given his ties to the ruling People’s Action Party , notwithstanding his credentials, that Mr Tharman’s presidential bid could inspire hopefuls, especially from the private sector, who believe that they are equal to the task of being president.
A presidential hopeful must satisfy the PEC on two counts: That he or she is “a person of integrity, good character and reputation", and that the requisite public or private sector service requirement is fulfilled. The Constitution is clear that the automatic qualification pertains to a chief executive officer of a profitable company with a shareholder equity of at least S$500 million. Mr Goh has declared his confidence of being eligible to contest and that he will submit the relevant numbers “
The PEC may also have regard to any other factors it sees fit to consider that an applicant has the experience and ability to effectively carry out the president’s functions and duties.SHOWING COMPARABLE EXPERIENCE AND ABILITY It is for Mr Goh to show that his ownership of a stable of companies and being on numerous boards of directors is comparable to that of running a profitable company with S$500 million shareholder equity.
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