Reform Party says donations needed to keep bank account active
The opposition Reform Party (RP) has received backlash from netizens after appealing for donations to maintain its bank account.
In a now-deleted Facebook post on Sunday (26 April), RP said the funds were needed to keep the account active.
Source: The Reform Party on Facebook
Reform Party says it’s required to keep minimum balance in account
The post, which was signed off by an unnamed Treasurer, claimed RP is required to keep a “minimum balance” in its bank account.
The bank also deducts monthly service charges from the account, it noted.
Thus, the party is reaching out to seek support from the public, it said, adding:
We would be grateful if you could contribute *$* to help us cover these costs and keep the account active.
Reform Party shares bank details for donations
RP then shared details of a DBS Bank account, as well as a PayNow QR code, to facilitate transfers.
Source: Google Maps
It asked that donors send a transfer receipt after their donation for the party’s records, saying:
Thank you very much for your continued support and generosity.
The post was also shared by RP chief Kenneth Jeyaretnam on his page.
Netizens not so generous with comments
But netizens were not so generous with their responses, flooding the post with negative comments.
On Reddit, where a thread was created on the appeal, some users pointed out that the minimum sum for a DBS bank account is S$500.
Source: Reddit
However, according to DBS, that is for Savings Accounts opened before September 2011, which also have a monthly service charge of S$2. However, a DBS My Account does not have a minimum sum and a service charge is levied only for customers receiving hardcopy statements.
A user wondered why Mr Jeyaretnam did not have S$500, considering he is a hedge fund manager.
Source: Reddit
Others were sceptical of the appeal, describing it as “shady” and pondering whether it was a scam or the account had been hacked.
Source: Reddit
Source: Reddit
A smart alec quipped that they had donated to the party — with thoughts and prayers.
Source: Reddit
Reform Party joined PAR for GE2025
RP took part in the 2025 General Election (GE2025) as part of the opposition alliance People’s Alliance for Reform (PAR), which contested six constituencies.
But Mr Jeyaretnam himself did not stand for election, saying that he had suffered “recent health issues”.
About two months after GE2025, RP withdrew from PAR, with its departure taking effect at the end of July 2025.
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Featured image adapted from The Reform Party on Facebook.
