A conflict of interest?
In the Straits Times on Thursday 12 May 2011, on page A4, “Cynthia Phua promises proper handover”, the following was reported:
“Aljunied Town Council is now managed by CPG Facilities Management, with whom the town council signed a three-year contract last year. CPG managing director Jeffrey Chua is the town council’s general manager. As the town council managing agent, CPG engages the services of other companies for services such as cleaning, maintenance and lift rescue.”
While CPG Corporation Pte Ltd is the corporatized and renamed Public Works Department, it is not apparent whether Mr Chua, as the Managing Director of CPG Facilities Management Pte Ltd holds shares or options in the firm CPG Facilities Management Pte Ltd (which appears to be a subsidiary of CPG Corporation Pte Ltd) or its parent.
Regardless, I find it difficult to understand how Mr Chua can carry out both his duties as the general manager of the town council, and the Managing Director of the town council’s managing agent. Full story
