Temasek: pay cuts for executives and investment teams responsible for investing in FTX

[Temasek: pay cut for executives and investment teams responsible for investing in FTX] Singapore's state-owned investment agency Temasek Holdings said it reduced the pay of senior management and the investment team responsible for investing in FTX. Lim Boon Heng, Temasek chairman, said in a statement after an internal review: "as prosecutors have alleged, as key executives of FTX and its subsidiaries have admitted, FTX committed fraud and deliberately withheld information from investors, including Temasek." The statement did not specify the amount of pay cuts.