SINGAPORE, Aug. 13 (Xinhua) -- Lapses in tender processes of Singapore's government agencies have been brought to light in the annual audit of the auditor-general that was revealed Monday for fiscal year 2011-12.
In his report, 10 ministries and 11 government agencies have been found to have problems in managing public funds and resources.
The troubled National Parks Board, which bought 26 foldable bicycles for its officers patrolling the parks at the price of 2, 200 Singapore dollars (1,760 U.S. dollars) each, has been found to have lapses in parks development projects, where nine tenders with a total value of 69.42 million Singapore dollars (55.54 million U. S. dollars) were approved by the wrong approving authority. Full story
Related:
Lapses in managing public funds found in 21 ministries and statutory boards - The Temasek Times
21 govt bodies cited for fund management lapses - Yahoo! News Singapore
Govt to tighten up on tender rules: DPM Tharman - Yahoo! News Singapore
AG highlights lapses, DPM Tharman plays it down - Where Bears Roam Free
