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GE: PAP's Lim Hwee Hua questions Hougang financials

cass888

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Loyal
http://www.channelnewsasia.com/stories/singaporelocalnews/view/1126413/1/.html


GE: PAP's Lim Hwee Hua questions Hougang financials


SINGAPORE - The People's Action Party (PAP) candidate for Aljunied Group Representation Constituency (GRC), Mrs Lim Hwee Hua, has queried the Hougang Town Council's silence about its accounts, raising questions about the Workers' Party's (WP) ability to run a bigger estate.

Speaking to reporters during a visit to Kaki Bukit on Monday, Mrs Lim revealed that residents from a Housing and Urban Development Company (HUDC) precinct in Hougang have not been able to plan for the privatisation of their estate and have resorted to sending a lawyer's letter to the town council asking for details of its accounts, especially its sinking fund.

Residents of the seven blocks of HUDC flats, Blocks 344 to 350 in Hougang Avenue 7, voted strongly for privatisation in February.

Mrs Lim, who is Minister in the Prime Minister's Office as well as Second Minister for Finance and Transport, said this was troubling as residents were asking many questions. But, she said, the town council run by the WP has kept quiet.

Mrs Lim said this has great implications for residents of Aljunied GRC, because if the WP cannot account for itself in Hougang Town Council, residents should wonder how it can manage a town council on a larger scale.

She said: "Is it just messy or are they holding back till after the elections so that whoever wins Hougang will then inherit the accounts? The Workers' Party has always emphasised transparency and accountability of the town council. It is very perplexing why they have kept very quiet." - TODAY
 

Forvendet

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Loyal
She's lying through her lips with eyes wide open. Hougang and Potong Pasir showed accounts during the minibond crisis that they weren't involved in the losses. It was PAP TCs that showed losses. Goodness shit! How low would she and they stoop in desparation to con the lower educated and elderlies? :mad: :oIo:
 

Sleepless

Alfrescian
Loyal
She's lying through her lips with eyes wide open. Hougang and Potong Pasir showed accounts during the minibond crisis that they weren't involved in the losses. It was PAP TCs that showed losses. Goodness shit! How low would she and they stoop in desparation to con the lower educated and elderlies? :mad: :oIo:

Right!!!

And before you talk cock, LHH, please show us the financials of GIC and Temasek. Dun just take us as fools and say it is safe and sound.

If you guys could not even give the Late President Ong Teng Cheong the full list of what is in our reserves, saying that it takes too many man years to collate, how the fuck do you know it is safe??!!
 

halsey02

Alfrescian (Inf)
Asset
Block 344 to 345 many are second or third owners of the original HUDC owners, many are PR's...they want to cash in on the privtalisation to go en bloc..it is money & greed...and the whities like to promtote that...
 

winners

Alfrescian
Loyal
..........And before you talk cock, LHH, please show us the financials of GIC and Temasek..........

Please add 1 more: HDB. They always claim that they are losing money year after year, but where's their audit? And if even so, creative accounting can be in the works.
 

Sleepless

Alfrescian
Loyal
Another slap in the own face waiting to happen ? :p

The next time she crawls out of her home and into her car (never mrt or bus), and meets the media, she will be saying, "Ok ok. Let's stop talking about financials". She already has a few more senior ministers as examples.
 

Confuseous

Alfrescian (Inf)
Asset
Right!!!

And before you talk cock, LHH, please show us the financials of GIC and Temasek. Dun just take us as fools and say it is safe and sound.

If you guys could not even give the Late President Ong Teng Cheong the full list of what is in our reserves, saying that it takes too many man years to collate, how the fuck do you know it is safe??!!

They told him that it would take 50 man-years of civil service time. You believe that shit? This government don't even have an asset list?
 

Sleepless

Alfrescian
Loyal
They told him that it would take 50 man-years of civil service time. You believe that shit? This government don't even have an asset list?

What are they hiding? How come keep saying reverves is safe without giving details?

If they really dun have asset list, So how they know our reserves is safe?
 

myfoot123

Alfrescian (Inf)
Asset
http://www.channelnewsasia.com/stories/singaporelocalnews/view/1126413/1/.html


GE: PAP's Lim Hwee Hua questions Hougang financials


SINGAPORE - The People's Action Party (PAP) candidate for Aljunied Group Representation Constituency (GRC), Mrs Lim Hwee Hua, has queried the Hougang Town Council's silence about its accounts, raising questions about the Workers' Party's (WP) ability to run a bigger estate.

Speaking to reporters during a visit to Kaki Bukit on Monday, Mrs Lim revealed that residents from a Housing and Urban Development Company (HUDC) precinct in Hougang have not been able to plan for the privatisation of their estate and have resorted to sending a lawyer's letter to the town council asking for details of its accounts, especially its sinking fund.

Residents of the seven blocks of HUDC flats, Blocks 344 to 350 in Hougang Avenue 7, voted strongly for privatisation in February.

Mrs Lim, who is Minister in the Prime Minister's Office as well as Second Minister for Finance and Transport, said this was troubling as residents were asking many questions. But, she said, the town council run by the WP has kept quiet.

Mrs Lim said this has great implications for residents of Aljunied GRC, because if the WP cannot account for itself in Hougang Town Council, residents should wonder how it can manage a town council on a larger scale.

She said: "Is it just messy or are they holding back till after the elections so that whoever wins Hougang will then inherit the accounts? The Workers' Party has always emphasised transparency and accountability of the town council. It is very perplexing why they have kept very quiet." - TODAY

When Low Thia Kiang questioned her on Temasek spendings and Singapore reserves, her cunt squirmed. Now she has the cheek to question other people motive. Please lah Lim Hwee Hua, your previous election result was a total dismal and now you still want to stick out your smell cunt and protitute yourself for vote. Get a life in geylang!
 
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SpareTyre

Alfrescian
Loyal
ok lor, LTK should publish Hougang financials simultaneously with PAP wards and Temasek-GIC doing the same

Lim Hwee Hua, deal?
 
Z

Zombie

Guest
ok lor, LTK should publish Hougang financials simultaneously with PAP wards and Temasek-GIC doing the same
Lim Hwee Hua, deal?

hougang got publish their accounts eg 2010 http://www.hougang.org.sg/ar10.pdf
other town councils also publish their accounts in their websites

financial year 2011 just ended in mar, it may take hougang's auditors some times to look through the numbers... eg the March 2010 accounts were signed off by their auditors in August 2010.....aljunied town council financial reports March 2010 were also signed off by their auditors in August 2010 (ie also takes 5 months) http://www.aljunied-tc.org.sg/htimages/publication/AJTC_Annual_Report_2009-2010.pdf
..

i don't know, maybe LTK wants to use Mar2011 audited figures as the reliable basis to work out the sinking fund amount for those few flats that were approved in April 2011 for privatisation..

you guys make your judgement..
 
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