atans1

Akan Datang: New WP Sec-Gen and Chairman

In Accounting, Corporate governance, Financial competency on 10/10/2018 at 10:48 am

I predicted that Bayee would not be WP’s Sec-Gen: WP Low’s anointed one

I was wrong but the I guy tipped to be Sec-Gen will soon be: OK, OK before next GE. Read above link to see who is that person.

Reason? The trial going on involving Bayee, Auntie and Sifu Low.

The trial involving three elected members of the opposition Workers’ Party held Aljunied-Hougang Town Council began last Friday. The stakes are high, and a potential judgment against the MPs could see them bankrupted and disqualified from holding public office.

https://www.facebook.com/notes/remy-choo-zheng-xi/ahtc-trial-what-to-look-out-for/10156061952333737/

While one suit is brought in name of AHTC (Ownself sue ownself), the suits came about because an independent panel (My take on the panel when it was set up) approved by the Wankers’ Party (AHTC accounts: WP outsources decision to recover monies) recommended that legal action be taken against the town council members and others to recover the alleged improper payments.

I do not see any reasonable defence to these claims. Think of all the bad accounting (KPMG report on AHTC: Notice the deafening silence?) and expect the defendants to lose. Related post: Wankers’ Party still blur on audits and accounting.

Low and Auntie, I’ve predicted will not stand in next GE, so at worse their political careers are cut short near the end. Not a happy ending if they are bankrupted but they fought the good fight, keeping alive the flame of Opposition in a dark time.

But Bayee is young and is a newly elected Sec-Gen of WP and losing the case and being bankrupted and disqualified from holding public office will be a great end of his so far unimpressive political career.

Whenever Auntie steps down, the betting in the WP, Secret Squirrel and Morocco Mole tell me, is that one Nicole Seah will be the next chairman: remember her?  She’s been working hard and quietly in the Marine Parade GRC.

The Law Suits, in Summary
There are two lawsuits.
Suit 668 is brought by AHTC, acting on the instructions of an Independent Panel appointed by order of the Court of Appeal.
Suit 716 is a lawsuit brought by Pasir Ris-Punggol Town Council (PRPTC).
In both Suits, it is alleged that the Defendants are liable for alleged improper payments made by the Managing Agents to third party contractors between May 2011 – November 2015.
Advertisements
  1. better that nicole not be the next wp chairman; not unless she wants to be another “aunty” lim unmarried in her 50s.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: