Trade and Industry Minister Lim Hng Kiang will make a ministerial statement, giving the reasons for the Government's move to guarantee all bank deposits here.

The guarantee, announced on Thursday night, will be in place from now until end-2010.

In all, 11 MPs have tabled 16 questions for Mr Lim, Senior Minister Goh Chok Tong - who is chairman of the Monetary Authority of Singapore - and Finance Minister Tharman Shanmugaratnam, on the crisis and its repercussions here.

Ms Ellen Lee (Sembawang GRC) will ask Mr Tharman whether Singapore's reserves and investments have been affected by the recent spate of events, and if so, by how much.

The plight of ordinary investors who say they have been misled into putting their savings in high-risk products that have since plummeted in value is also on the agenda.

Madam Cynthia Phua (Aljunied GRC) will ask Mr Goh, among other things, how the MAS safeguards the interest of the man-in-the-street 'to ensure they are aware of the complexity and high-risk nature of the financial products they are investing in'.

Madam Halimah Yacob (Jurong GRC) wants to know if existing regulations are adequate to protect investors against such high-risk products, and what more can be done to safeguard these investors.

Mr Low Thia Khiang (Hougang) will ask Mr Goh whether the MAS will investigate how structured products linked to now-bankrupt US investment bank Lehman Brothers were marketed.

He also wants to know whether MAS will help affected investors in negotiating with the banks to ensure fair treatment for these investors, if there was misrepresentation of these products.

Last week, the MAS disclosed that almost 10,000 people invested a total of $501 million in products linked to Lehman Brothers, such as Lehman Minibonds and DBS High Notes 5.

Over 500 of them turned up at a rally at Speakers' Corner in Hong Lim Park last Saturday to protest what they claim were misleading sales information for these products.