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Posts Tagged ‘Auditor-General’

Context of “crony”‘s outburst at WP

In Corporate governance on 15/11/2018 at 1:17 pm

Remember Ms How’s outburst at Auntie

[She]  was a “hopeless” town council chairperson who was “inexperienced” and “so scared of everything”. She added that the town council would “sure die” under Ms Lim’s watch.

and wP MPs

All (the People’s Action Party) needs to do is to ask me for my views on the (elected) MPs… sure die, lah,

Secret Squirrel recently reminded me that after the AGO report was published, the WP town council (Chair Auntie) imposed a liquidated damage of $250,000 on FMSS. This despite WP maintaining until then there was no improper payment. So why seek damages after AGO published its report? Danny Loh (Ms How’s much hen-pecked husband) died suddenly in a sleazy Tokyo hotel shortly afterwards.

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Auntie screamed, “Crony? What crony? With crony like this, do we really need enemies? Low I tot u said she is kaki lang? What kaki leng? With kaki leng like this, how to retain Aljunied?”

Morocco Mole’s cousin (a WP cadre) reported that Auntie screamed the above as she bared her fangs and claws at a recent town council meeting. Low fled the room, claiming he had to go to the toilet.


Btw, as WP implemented the recommendations made by the AGO report (Also known as the PriceWaterhouseCoopers report because AGO got them to investigate the town council), and that of the KPMG report why are cybernuts saying that these reports are wrong?

And yet cheering on the AGO when its findings reflect badly govt departments etc, saying that this is evidence of PAP corruption or incompetence.

Is that why they are cybernuts? Can’t think straight.

Ms How’s outburst

Ms How saying that Ms Sylvia Lim, AHTC’s chairperson and WP chairman,

was a “hopeless” town council chairperson who was “inexperienced” and “so scared of everything”. She added that the town council would “sure die” under Ms Lim’s watch.

Ms How also accused Ms Lim of withholding information from auditors KPMG about “improper payments”, and that it was Ms Lim who did not want to keep the computer system of IT firm Action Information Management (AIM).

The court also heard that Ms How told the KPMG employee she was “not scared” to reveal that she was “thinking of asking (former WP chief Low Thia Khiang) to remove (Ms Lim) as chairperson of the town council”. She added that Mr Low had “played me (Ms How) out” by putting an “inexperienced MP as (town council) chairman”.

“From Day One, when I knew that she was going to be the chairman… oh dear, the town council is going to die,” said Ms How in the phone conversation. “She will do things to protect herself only. Then I told (Mr Low) you have to replace her… (to straighten out the town council). He doesn’t want to listen.”

She also alleged that she had dirt to spill on the WP MPs. “All (the People’s Action Party) needs to do is to ask me for my views on the (elected) MPs… sure die, lah,” she was recorded as saying.

Earlier in the conversation, Ms How said that the town council was “digging (its) grave” if it did not defend her. Pointing to her “powerful analogy of death”, Mr Singh asked on Monday if that meant she had information that would “finish them (WP MPs) off”, and “destroy them politically”.

Ms How replied that she did not have any information, but that everyone would be “dragged through the mud” because of how the media would report it.

Ms How also alleged that Ms Lim had withheld from auditors information related to payments made to the Housing and Development Board (HDB) for lift services. When questioned by Mr Singh, she said: “The fact that the payments made to HDB were for lifts and services (that were) not rendered… these were improper and should (be) raised to KPMG to look into.”

https://www.todayonline.com/singapore/wps-sylvia-lim-hopeless-town-council-chairperson-reveals-fmss-director-dramatic-court

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AGO and the importance of paperwork

In Accounting, Public Administration on 20/07/2017 at 5:13 am
It’s that time of the year when the cybernuts especially those from TRELand get their yearly free (They are cheapskates, juz like the ang moh tua kees) high from the Auditor-General’s report detailing cock-ups in the process and procedures of ministries and state agencies.

For the rest of us, it shows “Efficiency? What efficiency?”: the PAP administration, like all management systems or bureaucracies, has flaws that need to be fixed. Monitoring and fixing things are eternal, non-ending unglamarous work.

Those criticised often grumble (sometimes rightly) that they live in the real world, not in a world where box-ticking is more important that delivering the “goods”. Not in the case of the WP though.

Whatever, this NYT Dealbook story tells us why getting the paperwork right is important.

Private Student Loan Debts May Be Wiped Away

Tens of thousands of people who took out private loans to pay for college but have not been able to keep up payments may have their debts wiped away. The reason? Missing paperwork.
At least $5 billion in troubled loans are at the center of a legal dispute that has echoes of problems that arose from the subprime mortgage crisis a decade ago.
Private student loans, which come with higher interest rates and fewer consumer protections than federal loans, are often targeted at the most vulnerable borrowers, but judges have already dismissed dozens of lawsuits against former students because of insufficient documentation.
Court records reviewed by The New York Times show that many other collection cases have been brought without complete ownership records.
Like those who took on subprime mortgages, many people who took private student loans may never earn enough to repay the debt.

True blue S’poreans cost more/ Construction costs suppressed by using FT labour

In Uncategorized on 04/08/2016 at 5:36 am

Update on 5th August at 5am: Article amended to reflect that Rider Levett Bucknall is a very atas quantity surveyor & property project mgmt company with history dating back to 1785 England & having Isambard Brunel as one of its pioneer mgmt. It’s not law firm.

There’s a lot of grumbling about the AGO’s finding that NAC had paid a consultancy fee of S$410,000 for the construction of a bin centre costing S$470,000. The consultancy fee was said to be “exceptionally high” and there was “inadequate assessment on the reasonableness” of it

I’ve been told (but I’ve not verified) that the consultancy fee was split four ways among four firms employing true blue S’poreans: W Architects, Arup Singapore, T.Y. Lin International, and Rider Levett Bucknall LLP, Singapore. The last is a law firm. Why the hell is a lawyer being consulted on the construction of a bin centre?

I also was told that the contractor, like other contractors, used FT workers, to build the structure

The question is whether using a contractor that does not use FTs would have resulted in a higher cost, making the consultancy fee look “peanuts”?

Seriously, I have two ponts to make.

If the construction cost was say $1m, would the AGO have flagged this tranaction?

My next point is payment for expertise. Whistler, a 19th century painter, was once asked how he dared charge 200 guineas for two days’ work. He replied “I ask it for the knowledge I have gained in the work of a lifetime.”

The AGO and others should be asking if the going price for the advice given was reasonable in itself.

And if it is, the critics should then spefically ask whether the NAC was acting reasonably in seeking such advice for the bin centre? They should go  beyond the AGO’s comments of “inadequate assessment on the reasonableness” of it.

So far the critics are only screaming is “Wah so expensive compared to construction costs.”. Hey FTs keep construction costs down.

For me, why the hell is a lawyer being consulted on the construction of a bin centre?


A reader comments

Rider Levett Bucknall is a very atas quantity surveyor & property project mgmt company with history dating back to 1785 England & having Isambard Brunel as one of its pioneer mgmt.

Question is why the hell need to hire super expensive RLB for a $70K rubbish place, when many other local SME firms can provide similar services?? These SME quantity surveyors have been & are being used in mass market condos and ECs that cost $500M to $800M per development.

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And we should all be asking why the NAC is giving suck cock explanations. The people on it that dumb meh? I doubt they are dumb. Or are they hiding something?

Anyway, I’m off to Gleneagles for a cataract operation at SingHealth rates (I hope). Postings may be light.

 

 

AGO’s report: “Ownself can check ownself”

In Uncategorized on 28/07/2016 at 6:40 am

That’s what Terry’s Online Channel, TRE, other anti-PAP sites and their hard-core fans seem to telling other S’poreans: “Ownself can check ownself”,

This clearly is not something they really want to do.

After all, they have the motto, “The PAP is always wrong”. So they gleefully highlight the contents of the Auditor-General’s report into the many cock-ups that the PAP administration make. All good knocking fun, while hurting the PAP. as they see it.

But they promote the PAP’s self-serving idea, “Ownself can check ownself”all the same.

No-one can deny that the AGO’s report really does show that the MIW and their public service minions have feet of clay. They are not the super heroes they pretend to be.

But don’t Terry’s Online Channel, TRE, other anti-PAP sites and their hard-core fans realise that by praising the AGO’s report in order to validate their world view that “The PAP is always wrong”, they are in fact telling the 60-70% of S’poreans that consistently support the PAP that, “Ownself can check ownself”?

“Ownself can check ownself” is a unique selling point of the PAP. And Terry’s Online Channel, TRE, other anti-PAP site and their hard-core fans are double confirming that it works? With enemies like these, who needs friends?

I mean don’t Terry’s Online Channel, TRE etc realise the AGO is just another part of the PAP administration, juz like the much derided presidency, and the police they so love to hate?

In that light, isn;t the AGO showing “Ownself can check ownself” by criticising the other parts of the administration? Really one should rxpect better of Terry’s Online Channel etc than fall into the trap of promoting “Ownself can check ownself”.

And have they forgotten that they were rubbishing the AGO’s report on the then AHPETC town council, pointing on its “flaws”. (Btw, KPMG, has found even more problems, saying that another 18 months will be needed to fix the WP TC’s accounting system. But that’s material for another post.).

And now they are saying that the AGO’s report on the PAP administration is a good piece of work? Because the report whacks the PAP isit? Something doesn’t sound right does it? Shouldn’t they use the same logic to this report as they did to the report on the town council?

Yes I’m mocking and rubbishing Terry’s Online Channel, TRE, other anti-PAP sites and their hard-core fans for behaving like the constructive, nation-building legal media who also highlight and praise the AGO’s report. At least they get paid for their efforts.

But I’m constructive in my motive. How can they hope to convince the swing voter to swing away from the PAP with such flawed logic or assumptions? Or such inconsistency?

And a more subtle point I’m trying to make is that in a de-facto one-party state, it’s a mistake to unthinkingly use ang moh logic (based on the assumptions of living in a liberal democracy) to analyse any situation. They should “Seek truth from facts”, not from ang moh assumptions and logic.

As to the real worth of the AGO’s report, someone put this comment** on FB with which I concur:

Well its a good reminder that bureaucratic organisations will have some degree of inefficiencies, no matter how many brilliant people you hire inside, are sometimes antagonistic to the rules applied to them due to constraints of operations, and that sometimes they get overcharged or cannot solve certain otherwise easily resolvable corporate issues because well…some people are sometimes out of touch with the industries they dabble in.

… and of course proof that Singapore’s public sectors are not an exception to the existing theories in bureaucracy. Love this AGO report because its such great research evidence lol.

Nothing more, nothing less. Certainly not to prove that “The PAP is always wrong” or “AGO report blows gaping hole in PAP’s rhetoric of competent and efficient government”. At best, it shows that the bureaucracy here is like any other bureaucracy: flawed.

But course Terry’s Online Channel, TRE, other anti-PAP sites and their hard-core fans would not agree. The PAP is really lucky in having them as enemies.

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*Andrew Loh of TOC (then The Online Citizen, not Terry’s Online Channel) was a real fan of the WP TC’s accounting practices. Nothing was wrong said TOC. Much good did it do TOC. The WP MPs never donated a cent to TO. It was a SDP member who made a big donation.

**This comment also gives the lie to the SDP’s charge that “AGO report blows gaping hole in PAP’s rhetoric of competent and efficient government”.