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Governance lapses by AHTC exposed millions in public funds to improper use: KPMG

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Published Tue, Nov 1, 2016 · 08:01 AM

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    [SINGAPORE] Failures in governance at Aljunied-Hougang Town Council (AHTC) exposed millions of dollars in public funds to improper use and application, and could amount to criminal conduct if deliberate, independent auditor KPMG said in a report on the town council's accounts released on Tuesday.

    Payments with a total value of at least S$23 million were approved by town council members with a conflict of interest, raising questions on whether they were fully justified.

    Full story here.

    AHTCKPMG

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