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AHPETC's corporate governance gets 'red' grade

It is deemed to have not complied with the provisions of the Town Councils Act

Published Fri, Mar 7, 2014 · 10:00 PM

Singapore

THE Ministry of National Development (MND) has given a "red" grade to the town council run by the opposition Workers' Party (WP) for its corporate governance.

The Aljunied-Hougang-Punggol East Town Council (AHPETC) was deemed to have not complied with the provisions of the Town Councils Act and the Town Councils Financial Rules.

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