What if CPF Board files for bankruptcy?
"Individual lapses can happen in an organization despite safeguards and processes to prevent wrongdoing." - PM Office's Statement http://www.todayonline.com/singapore/pms-office-statement-cpib-officer-case Is it possible that CPF files for bankruptcy? What will be the consequence? In business world, in investment and even a...
Auditor General: Breaches of Law in Prime Minister’s Office
PM Lee Barely a week after Lee Hsien Loong spoke of integrity and the importance of admitting ones mistakes, the Auditor General released his annual report and gave the PM the perfect opportunity to practice what he preached. The report for 2012/13 cites more than two dozen incidents relating to contracts worth almost S$300M...
Government lapses: Missing the forest for the trees?
Leong Sze Hian Hundreds of lapses? The Auditor-General Office’s (AGO) report talks about hundreds of procurement lapses in practically every Ministry. For example, in one agency alone – the National Research Foundation, which is under the Prime Minister’s Office (PMO) – there were more than a hundred procurement lapses...
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