Until today, despite all the reports of WP’s town council accounts from independent auditors, the anti-PAP camp still choose to believe that it is a case of PAP fixing WP, do not hold WP responsible for their wrongdoings.
“In the report, KPMG said improper payments to FMSS and FMSI alone amounted to over S$1.5 million, and AHTC also overpaid when it appointed FMSS as its managing agent by more than S$1.2 million.
Shareholders of FMSS, who also held senior positions at the town council, also approved 132 payment vouchers amounting to more than S$23 million from the town council to the company — effectively “approving payments to themselves”. AHTC was also found to have breached the Town Council Financial Rules in payments to third-party vendors, such as by engaging a higher-priced consultant without calling for a tender.
Such flawed governance has potential to “conceal and hinder the detection and identification of all instances of proper payment”, said the auditors. As a result, it was unable to conclude whether the improper payments and the amounts that ought to be recovered identified in the report are exhaustive.”