Tag Archive: AHPETC

MND Legal Counsel: AHPETC ‘Technically Insolvent’

The Aljunied-Hougang-Punggol East Town Council (AHPETC) is “technically insolvent” and its chairman Sylvia Lim had been “economical with the truth” when she said in Parliament in February that the town council has been making transfers to its sinking fund for…
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Independent Accountants For AHPETC Should Be Free Of ‘Apparent Bias’

Should the High Court decide that independent accountants should be appointed to safeguard government grants to Aljunied-Hougang-Punggol East Town Council (AHPETC), it should not involve the accounting firm involved in the Auditor-General’s Office report that found major lapses in the…
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