Ownership and Control of Optus: A Singaporean Perspective

Optus, Australia's second-largest telecommunications provider, is majority-owned by Singtel, which in turn is owned by Temasek Holdings, a Singaporean state-owned investment firm. This raises questions about who is controlling Optus and whether this ownership structure contributes to mistakes and scandals. The Singapore government has significant influence over Optus through its ownership of Singtel and Temasek. Temasek is a sovereign wealth fund that manages investments on behalf of the Singaporean government. The CEO of Temasek is Dilhan Pillay Sandrasegara, and the chairman is Teo Chee Hean, a former deputy prime minister.