Instead of Experts, WP wants a "Newcomer" to fix its problems

This is just sibei stupid lor.

You want to "prove your innocence" and show that you are being "unfairly targeted", then why you would want to use a 'newcomer" to audit your books/processes?

Isn't it much better to use a established and reputable Auditor with relevant experience so that the Accounts can no longer be in dispute, and this Audit report can finally let everyone of us know that residents' money is accounted for, and that you have nothing to hide?

Or is it really because WP is deadly afraid of what will be exposed by a proper forensic audit?

And if WP defends their choice on the basis of costs or 'operational familiarity', then why switch to this "newcomer" now? What happen to AHPETC's previous Auditors - Foo Kon Tan Grant Thornton? Why don't they continue using them?

Is because WP is unhappy that Foo Kon Tan Grant Thornton had raised 13 disclaimers in its FY 2012/2013 report?

Is WP going to get rid of Audit Alliance soon too, since Audit Alliance had flagged 8 areas of concern, including the presence of related party transactions and failing to make timely transfers to its sinking fund for FY 2013/2014 report?

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Update (15 Jan 2016): 
If you have been trying to find out more online about who Business Assurance is, you'd have realise that there's virtually no information available about them.

Here's a very interesting article written about who Business Assurance is.  Here's an excerpt (emphasis mine) :

"... I am really surprised that AHTC chose this company because if they had bothered to ask around in the industry, they would have discovered some interesting facts about this one-man operation owned and managed by Alex Chai Chon Fatt. 

Being an accountant, I am aware that it is fairly common knowledge among many of us in the industry that Alex Chai has failed his Practice Monitoring Programme (PMP) and that he is restricted from conducting audits of companies for a period of 1 year. In fact, this is the second time that Alex Chai has failed his PMP. ..."

While this information is not readily verifiable, it does raise a lot of questions about WP's conduct in addressing the AHPETC issues.

Read more here:  AHPETC High Court Appeal - Pritam Incompetent or Dishonest?

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WP keeps on dragging and deflecting from the main issues of clarifying their dubious Accounts by frivolously claiming that "having independent auditors would "derail" the town council's work, as it would have to deal with several sets of auditors."

Where is WP's Transparency in handling this?

How is WP showing their Accountability to their residents?



Read more below:

5 Key Lapses in AHPETC's Accounts 

Auditor-General's Main Report of Audit ofAljunied-Hougang-Punggol East Town Council (AHPETC) – 6 Feb 2015 (PDF Source)

"AHPETC admitted that for FY2014/2015, they had only made two transfers to the sinking fund, and that they had been late in doing so. They also admitted to breaching the Town Councils Act and Town Council Financial Rules." 
Channel News Asia

The MND also wants the independent accountants to examine past town council payments and take appropriate action to recover any losses suffered by the town council and its residents.
Straits Times


HDB suggests that one of Singapore's four major accounting firms be appointed instead to fix accounting and governance lapses at the Workers' Party-run town council.

Channel News Asia

What you need to know about the AHPETC saga
Yahoo News

Firm hired by AHPETC to manage accounts a one-man outfit
Straits Times