Erosion of good governance the reason for starting new political party: Tan Cheng Bock

Singapore

SINGAPORE'S process of good governance has gone astray with the erosion of transparency, independence and accountability, said former People's Action Party MP Tan Cheng Bock on Friday as he outlined why he had decided to start the Progress Singapore Party (PSP) to fight against his previous party.

At a press conference ahead of his party's official launch on Aug 3, he told a room full of reporters: "After the last presidential election, I thought I should retire from politics and rest. I've already served in Parliament for 26 years as an MP. I've spent a great deal of my life in public office.