Auditor-General finds 'major lapses' in Workers' Party-run town council accounts

[zeddy]

Another below the belt attempt by Pappy Scums to discredit the WP... Bastard PAP still feeling butt hurt that they lost Aljunied and Punggol to WP..

20 years ago PAP was able to dupe the voters using this kind of allegations because there were no social media to educate the people.. Now the Internet is here to expose the endless lies of the Pappy scums.. This latest attack on the WP would only backfire on the PAP more..

 

[virus]

Next week they will comment on grandma mistakes n forgot to add arses. Then will follow report exceed word count

 

[McDonaldsKid]

CNA just spent 10 minutes explaining the lapses.

 

[xingguy]

Sylvia Lim to KBW: "Nothing can be further from the truth."

[video=youtube;0UEPPydoA_w]https://www.youtube.com/watch?v=0UEPPydoA_w[/video]

[/QUOTE]

 

[zeroo]

Round tipping?

 

[laksaboy]

CNA just spent 10 minutes explaining the lapses.

An order from the chief editor.

 

[xingguy]

 

[zeddy]

Round tipping?

Round tipping your lanjiao lah... Maybe its better if you use your mouth to do a round tip on the lanchiow tip of your PAP masters... LOL...

 

[batman1]

Now they use the AG to hit WP.
Why they did not dare to audit PAP Bt Panjang SMC for the Lehman Brothers Minibond losses ?
Why they did not dare to audit Temasek and GIC ?

 

[krafty]

husband & wife running the country's reserve, no one say anything?

 

[batman1]

5 failures of AHPETC in plain English

09/02/2015 / MR. SALTY
Wow what a bombshell today.

The Auditor-General (who is basically the king of all accountants in Singapore) has found that the Workers Party’s 3-in-1 Town Council had five lapses in running their town.

These lapses can sound quite technical, so I have checked with some of my more money-minded friends and asked them what the lapses really mean.

1) Failed to manage sinking funds

AHPETC did not transfer enough money into their sinking funds. What this means for the residents is that the Town Council did not set aside enough money for major projects like fixing lifts, changing water tanks and repainting blocks.

2) Failed to notice conflict of interest

The same people who runs the Town Council is the same people who own the Town Council’s vendor, FMSI. Basically, it means that the Town Council people gave contracts to their own company, and approved the payment to themselves.

wait-what

3) Failure to manage S&CC collection

We keep hearing about AHPETC’s failure to collect S&CC, and today’s revelation today sounds like AHPETC does not even know how many people owe S&CC! No wonder the radio silence.

4) Failed to control procurement

This means that the way AHPETC procure, or bought, things were suspicious. For example, they waived off the need to have vendors compete for a contract with no clear reason. I wonder who they awarded the contract to…

skeptical

5) Failure to manage records

AHPETC don’t know how to do filing, and cannot find documents that AGO needed. Seriously, FILING SO DIFFICULT MEH?!

huh

Oh well. I’m just happy I don’t live there.
https://zhunbosingapore.wordpress.com/2015/02/09/wp-five-fails/

They way they reported these lapses seem to be so technical and complex.Come on,PAP TC don't commit these lapses ? Maybe also have and worse but overlook and cover up.

 

[neddy]

The PAP assault continues ...what's their next move? Transfer management of the WP TC to the PAP 'grassroot' organizations there?

Maybe the PAP grassroot leaders there have been complaining that their rice bowls were broken after the WP took over. So, this fix-the-opposition campaign was to set the stage to restore the rice bowls of the PAP cronies.

It is not just PAP fixing the opposition, it is the PAP cronies fixing the opposition.

Be a crony of PAP has its rewards. $$$$$$ Better join late than never. After beggar-thy-neighbour, run road before Singapore fall.

 

[batman1]

husband & wife running the country's reserve, no one say anything?

No one dare to say anything about Pinky and HJ.Sinkees only pretend everything is in order and everything above board.LOL...

 

[neddy]

No one dare to say anything about Pinky and HJ.Sinkees only pretend everything is in order and everything above board.LOL...

Sinkies fav position.

 

[JohnTan]

Another below the belt attempt by Pappy Scums to discredit the WP... Bastard PAP still feeling butt hurt that they lost Aljunied and Punggol to WP..

20 years ago PAP was able to dupe the voters using this kind of allegations because there were no social media to educate the people.. Now the Internet is here to expose the endless lies of the Pappy scums.. This latest attack on the WP would only backfire on the PAP more..

WP discredited themselves by their own actions of treating Aljunied, PE and Hougang as their personal fiefs.

 

[zeddy]

WP discredited themselves by their own actions of treating Aljunied, PE and Hougang as their personal fiefs.

And one Lau Cheebye from Oxley Rd and his family have always treated this country as their personal fiefs since 1965...

 

[winnipegjets]

WP discredited themselves by their own actions of treating Aljunied, PE and Hougang as their personal fiefs.

Really? WP TC spends money on residents, shows compassions to residents who can't afford to pay the fees, allow stalls to be set up to sell cheap goods to residents. Contrast that to the PAP which spends thousands of dollars to send legal warning to residents who are in arrears, raise fees for business, increase all kinds of fees.

If not the excessive funding from the PAP government, many of the PAP TCs will be in worst shape than the WP TC.

 

[zeroo]

In other words, How Weng Fan's company provides a service to AHPETC and then sends invoice to the TC.
At the TC end, she herself certifies that the job is fully completed and confirms payment, and then gets her husband, Danny Loh, to co-sign the cheque.
Note that the AGO only audited the management process. Checking for corrupt practices or misappropriation was not within the ambit of its audit.

 

[zeroo]

How Weng Fan, director shareholder. Loyal friend of WP. Making a Mickey out of AHPeTC and Aljunied, Punggol East & Hougang residents.

we now know who is in the centre of the conflict of interest issue despite SylviaLims's not-so-clever reply yesterday. This conflict of interest violation alone, has nothing to do with inexperience (they have done 15 years accounts at Hougang) and can't blame computer glitch, human error, etc, etc... This Conflict of interest was a decision made, was approved and was clear as day and night to the entire AHPETC team. Sylvia Lim better realize the more stupid excuses they give, the more damage they are creating for WP

 

[yellowarse]

So what Sam, you sheep fucker. One town council pales in comparison to the whole corrupt PAP country.

Here's the link to the AG Report:

http://www.ago.gov.sg/doc/ar-1314.pdf