The former managing agent of Aljunied-Hougang-Punggol East Town Council (AHPETC) has sent a letter of demand saying the town council owes it more than $3.5 million.
The New Paper has learnt that the managing agent (MA), FM Solutions & Services (FMSS), sent the letter, dated July 20, through its lawyers, Netto and Magin.
This comes at a time when the Ministry of National Development is asking AHPETC whether it overpaid FMSS and, if so, how it plans to claim back public monies that allowed FMSS to make huge profits.
FMSS, which was incorporated soon after the Workers’ Party (WP) won Aljunied GRC in the 2011 General Election, was managing agent for AHPETC from July 15, 2011, to July 14 this year.
It claimed the amount was for money owed for services between April and July 14, when its contract with AHPETC expired.
Source: www.tnp.sg
