SID calls for SingPost special audit to go beyond specific lapse
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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Are Keppel’s dividends truly unsustainable – or just misunderstood?
COEs for large cars up 4.3% at S$126,236, mainstream cars near S$125,000