Re: Full video of today parliament that WP don't wish you to see.
Source:
The Alternative View
Shanmugam made the libelous claim that The Workers' Party was taking money from the man in the street and giving it to their friends.
So how do we characterize the PAP's lapses?
Taking money from taxpayers and giving it to strangers and in some cases, cronies who own the various properties and facilities that the ministries have contracts with?
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Background Story: AGO Finds Serious Irregularities In Public Fund Usage By MINDEF, CPF, NLB, MDA
The Ministry of Defence was identified by the Auditor-General's report released today, as one of the public bodies which had lapses in the use of public funds.
In particular, MINDEF's land and asset management was flagged as being an issue.
One particular instance was to do with the management of the land currently leased out to Sembawang Country Club (SCC).
The land was under the MINDEF's control and they had leased it to SCC in 1994 for use as a golf course.. Despite the State Land Rules indicating that the lease should not exceed three years, the land was still under the control of Sembawang Country Club last year.
On top of this SCC had leased out a wooded section of the land illegally to a contractor and failed to maintain is as required under their original lease from MINDEF.
The wooded section was subsequently trashed with waste, discarded vehicles and heavy machinery, which required public funds to clean up.
Although the land has since been cleaned up and MINDEF said they are looking into the illegal subletting matter, their lack of management of the land has amounted to MINDEF not receiving the fair market value of the land that they own and this is a serious lapse in asset and land management.
The second instance of unsatisfactory land and asset management was in the renting of 109 hectares of land from PUB in 1971 for $68 a year.
MINDEF had subsequently changed the use of the land and started to use more than the land that they had originally leased, breaching their licence agreement with PUB.
They also sublet a section of the land to contractors for $45 a year for the contractors to provide services to MINDEF.
It was not until the AGO flagged this that MINDEF explained that they have already entered into a new agreement costing $5.42 million a year for 127 hectares of land.
At the same time, the subletting of the land to the MINDEF contractor was still only charged at $45 a year despite the contractor having privatised in 2000. The contractor was also using the land for commercial reasons on top of just providing services to MINDEF.
As MINDEF was paying substantially more for the land (from $68 a year to $5.42 million a year) but still charging the same $45 a year to a private company to use part of the land, there was a significant shortfall covered by public funds.
MINDEF explained that they have since signed a new agreement with the contractors to pay $830,000 a year in rent.
These instances of improper land management mean that public funds were not utilized efficiently and there was a significant opportunity loss by the underutilization of MINDEF owned land.
End Of Article