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SID calls for SingPost special audit to go beyond specific lapse

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Published Mon, Jan 4, 2016 · 09:50 PM

    Singapore

    AHEAD of Singapore Post's impending corporate-governance special audit, a professional body for board directors here has called for the scope of the audit to go beyond just investigating SingPost's recently admitted failure to disclose a director's conflict of interest.

    Calling for the special audit to be "independent and thorough", the Singapore Institute of Directors (SID) said on Monday that the probe should also encompass areas such as the composition of its board, the functioning of SingPost's exco and CEO succession.

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