ACRA and ROS should also clarify on the AIM-PAP saga
After much public disquiet about PAP town councils' sale of its computer system to AIM, a PAP-owned company, the Prime Minister has now called for a review of this transaction (link: http://bit.ly/13dEYzF). This Review will also look at corporate governance of the town councils. I agree with PM Lee that there must be a ...
MND reviews TCs that it administers under the TC Act?
Leong Sze Hian I refer to the report “PM Lee directs MND to fully review AIM transaction” (Channel NewsAsia, Jan 8). This is a move which I think will be much welcomed by Singaporeans. It states that “Town Councils are autonomous bodies managed by elected Members of Parliament and governed by the Town Councils Act which...
So many unanswered questions on AIM-PAP
This is a response to the 26-paragraph, four-page statement given by Dr Teo Ho Pin, the informal coordinating chairman of PAP town councils, who gave this explanation in a statement outlining why and how the town councils came to have a sale and lease back deal with the PAP-owned Action Information Management (Aim). The statement...
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