It’s with sadness and sorrow that I have to agree with The Fabrications about the PAP, the purveyor of night-soil and other garbage about the WP, other oppo parties and anyone who disagrees with the PAP*. This was posted late yesterday on facebook:
Today Pritam Singh & Png Eng Huat issue a statement saying nothing meaningful, repeating the same line that they “are looking into the S&CC arrears data”. What it means is AHPeTC are still taking its time to manually sort and count the data from the 55000 households.
They said they “will respond to the query on the financial and arrears situation in due course.” Well, the 70% residents still paying to subsidise the non-paying ones, Why Pay? AHPeTC can expect to get your payment in “due course” too.
Meanwhile, all tax-payers are paying to cover the shortfall in AHPeTC through the MND S&CC grant and S&CC GST Subvention grant, why should we pay if AHPeTC can manage with 30% less collection.
2012, Sylvia Lim said WP will pay special attention to address arrears problem.
April 2013, they report sudden spike in arrears, then immediately stop reporting.
Oct 2014, arrears red flag again. They now say “let us check, let us check”, “be patient”
WTF!!???
The fact that the WP cannot assure that the arrears position has improved since March last year is worrying.
And having to take so long to give an answer to the allegation of a collection problem in the first quarter of last yr is doubly worrying. My Facebook avater (now barred from commenting on TOC’s Facebook again) posted (Apologies for his bad grammar) on Soul of S’pore
Having been an Hon Treasurer of members club where members bills were between $600-1,000 monthly, with only a full time accounts clerk and outsourced accounting systems supporting the GM, I always got an explanation for the arrears position as a matter of routine. That WP TC has to look into the details before answering is itself worrying. Whatever happened to the routine mgt accounting systems? Three months and more arrears should be routinely flagged and monitored.
Btw, readers might like to know that the chairman of the club then was a PAP MP. He never bothered me with financial queries. He left me to do my job and I didn’t let the members down. Maybe the WP left everything to Tai Vie Shun (alleged to be FT from M’sia)? Cze and Alex Au fingered him in HawkerGate. https://atans1.wordpress.com/2013/07/14/will-tai-do-a-yaw-cut-run/
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*PAP denies anything to do with FATPAP but https://atans1.wordpress.com/2014/10/27/a-pap-mp-and-the-internet-brigade/
Thoughts of a Cynical Investor 
Still waiting. Ya I hope they have a good comeback for all the online criticisms. To look on the bright side, at least they did not accuse the PAP of orchestrating a media campaign against them with “proxies and sympathizers” of the ruling party.
Are we predicting that AHPETC is going to be insolvent soon? Its run parallel to us being not daring to venture out because we will be condemned if we don’t do well. Is it too soon to rush into all this? 明知山有虎﹐偏向虎山行
No. PAP’s para-facts on “deficit” is as bad as anything Roy or TOC has written. So let’s see what WP and AudG says. My criticism of WP is that based on its cont’d silence on the arrears, it doesn’t seem to have mgt accounting systems. If they had a decent system, they could have said as obf June 2014, areas collection was as follows.