AHTC clears all audit points, ends engagement with independent auditor KPMG

4459

The Workers’ Party (WP) revealed this evening that the AHTC’s engagement with independent auditor KPMG has ended and that the town council has submitted the 23rd and final report issued by KPMG to HDB today.

The final report is available in full on the AHTC website, which has since crashed due to “massive clicking”, according to the WP.

The party’s assistant secretary general, Pritam Singh, revealed in a statement on the WP’s Facebook page that KPMG has found that Workers’ Party-run Aljunied-Hougang Town Council has resolved all the audit points and control-related matters it had flagged for resolution.

The Aljunied GRC parliamentarian added that KPMG confirmed that it is “reasonably satisfied” that AHTC is compliant with section 35(c) of the Town Council Act and also revealed that AHTC’s new Town Council Financial System is now fully operational.

AHTC has also appointed an internal auditor, according to Singh, to “stress-test the Town Council’s controls and procedures including, but not limited to the new financial system and procurement matters on an on-going basis over the next two years.”

Singh ended the statement by thanking Aljunied-Hougang residents and well-wishers for their unflagging support:

Server seems to be down due to massive clicking — thank you all for the support and concern. Here’s the full text if you can’t access it:
KPMG Engagement ends; All audit points resolved
1. The Aljunied-Hougang Town Council (“AHTC”) submitted to the Housing and Development Board (“HDB”) on 15 February 2018 the twenty-third and final monthly report issued by KPMG to AHTC. The report was issued in accordance with the Court of Appeal judgment in Attorney-General vs AHPETC (Civil Appeal No. 114 of 2015)(“the Judgment”).
2. AHTC has made this report accessible in full (click here for full report).
3. In this final report, KPMG has confirmed that it is reasonably satisfied AHTC is compliant with section 35(c) of the Town Council Act and that all audit points and control-related matters identified for resolution by KPMG have been resolved.
4. The Members of Parliament (MPs) of AHTC and all Town Councillors extend their sincere gratitude to the General Manager, Head of Corporate Services, Head of Finance and all Finance staff, and Heads of Departments of AHTC for their tireless efforts in attending to and resolving all the issues identified by KPMG, including the implementation of new controls and procedures, amongst other significant work.
5. In addition, AHTC’s new Town Council Financial System is now fully operational. AHTC has also appointed an internal auditor to stress-test the Town Council’s controls and procedures including, but not limited to the new financial system and procurement matters on an on-going basis over the next two years.
6. Finally, the MPs and Town Councillors of AHTC wish to thank all residents and well-wishers for their unstinting support and encouragement. Thank you.
PRITAM SINGH
CHAIRMAN
ALJUNIED-HOUGANG TOWN COUNCIL

“Finally, the MPs and Town Councillors of AHTC wish to thank all residents and well-wishers for their unstinting support…

Posted by The Workers' Party on Thursday, 15 February 2018

82 COMMENTS

    • The MF’ing 69.9% are only interested in upgrades and appreciating hdb prices. They don’t care that their future generations got fk’ed big time down the road. Heaven’s lightning will deal with that pussy Jason…every time a thunderstorm starts, that pussy will hide indoors 🙂

  1. Most Singaporeans NEVER doubted the integrity of Workers’ Party…but unfortunately there are those who are just out to make live difficult for the Opposition. Congrats WP..and Happy New Year.

  2. MP like Mr Chen Show Mao was a Harvard – Oxford – Standford Rhodes scholar worked as a corporate lawyer in international law’s firm Davis Polk & Wardwell never give up political rights in exhange for good life .

    • With his background as described by you, do you think Chen is living a deprived life eating instant noodles with an egg for reunion dinner?

  3. Congratulations on clearing all the audit points. Do not fear man who but God your Creator and Heavenly Father. God knows your heart and protects the righteous and those who obey His commandments. Have a blessed Lunar New Year celebration.

    • Absolute power corrupts.

      First is to have a fake Malay dummy president, next is to get rid of all oppositions in parliament. Common sense will tell that the reserves is out in the open for everyone, while no questions could be asked in parliament.

      This kind of amateurish ploy could only come from a clown and work in daft nation.

  4. Well-done WP, taking control of a non-issue and PAP smear campaign, resolving and strengthening the accounts, have proved that WP team is dependable, accountable and has the grit to resolve issues to serving the residence full time at a fraction of a minister salary. The spirit of serving is prominent. Absolute good value for tax money!

    On the contrary, what’s the progress of SMRT? Demanding sky high salaries, yet more breakdowns than ever after a decade. Shipping faulty trains in the dark, keeping mums about issues.
    This is what happened to a country helmed by greedy PAP elites, more taxes and worsening standard of living.

  5. Congrats LTK n team.God is great n we pray that pap bullies will pay a heavy price come next election. We must vote as mny of them out of parliament.I am ur astute supporter always.

LEAVE A REPLY

Please enter your comment!
Please enter your name here