OPINION: What happened to the $1.12 million recorded as receivables from CCCs in Aljunied Town Council's accounts?

The Online Citizen, 15 Feb 2014
In the Worker’s Party’s press statement on the Aljunied-Hougang-Punggol-East Town Council (AHPETC) 2012/2013 annual report, it emphasized that the independent auditors gave the town council a “qualified report” and not an “adverse report.” Apart from the 13 specific observations, the town council’s books, accounts and records have been kept in accordance with the Town Councils Act.
The full audited report can be viewed here.
With regards to the 13 points highlighted by the auditors, the AHPETC explained that since Financial Year 2011, the auditors had tried to request information from the former Managing Agent of the town council when it was under the charge of the People’s Action Party (PAP).However, such requests were unsuccessful.
“Repeated attempts by the Town Council (TC) to obtain information from the former Managing Agent (MA) and government authorities, such as asking MND / the Housing and Development Board regarding $1.12 million which the PAP-run Aljunied TC had recorded as receivables from the Citizens Consultative Committees (CCCs) for Town Improvement Projects, did not yield answers. Further attempts in FY 2012 to get the information were also unsuccessful.”
The Workers’ Party said that unless those agencies with the required information furnished them to the town council, it is likely that information gaps will remain and the accounts will continue to be qualified every year.
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