OPINION: Questions surrounding Action Information Management Pte Ltd (AIM) and PAP Town Councils

The Online Citizen, 21 Dec 2012
As Sylvia Lim pointed out, the questions have to be: Why did the PAP Town Councils relinquish ownership of the computer and financial system, and how much did they sell it to AIM for?
After the [general election] in May 2011, the Town Council was served with a notice that the Town Council’s Computer and Financial Systems will be terminated with effect from 1 August 2011 due to material changes to the membership of the Town Council. This Computer and Financial Systems had been developed jointly by the 14 PAP Town Councils over a period of more than 15 months but was in January 2011 sold to and leased back from M/s Action Information Management Pte Ltd, a company which was dormant. This effectively meant that ATHC had to develop its own equivalent systems, in particular a Financial System, within a 2 months’ timeframe.
Full story

  1. Where is the financial logic? Town councils develop computer system only to sell and lease back from dormant company run by ex-PAP MPs - CNA Forum
  2. Eternally Gratified - Singapore Notes
  3. What has Aljunied-Hougang TC’s IT system got to do with Changi airport? - TR Emeritus 
  4. REVEALED: The Chairman of the 'dormant' firm which bought the Computer and Financial Systems jointly - Hardwarezone Forum 
  5. Town Council IT systems developed by TC fund and sold back to dormant company - Hardwarezone Forum 
  6. Directorships of Mr S. Chandra Das - spicei2i.com