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In KPMG's latest report into WP-run Aljunied Hougang Town Council (AHTC), auditors claimed that improper payments of over $1.5 million were made to AHPETC former Managing Agent FMSS and FMSI. The report said that AHTC overpaid FMSS to be its managing agent in excess of $1.2 million. This amounted to serious conflicts of interest and if these oversights were deliberate, could amount to criminal conduct and AHTC should understand its implications.
Read More »KPMG AUDITORS CLAIM AHTC MADE MILLIONS IN IMPROPER PAYMENT, MAYBE GUILTY OF CRIMINAL CONDUCT
