Tag Archives: Losses

GOVT FINANCIAL LAPSES DWARF THAT OF WP TOWN COUNCIL, WHY ARE PAP MINISTERS SO SILENT?

In its latest audit of the civil service, the AGO has uncovered multiple cases of oversight and lapses costing taxpayers tens of millions of dollars. And to date, no PAP Ministers have stepped forward to accept responsibility or be held accountable, not least among them Shanmugam who was - just a few days ago, ranting about the Workers' Party not showing integrity. So now where is Shanmugam? Why isn't he "showing integrity" by taking responsibility for the lapses and millions of dollars lost as a result of recurrent lapses under the PAP?

Read More »

HUGE LOSSES FOR NEW HDB FLATS AFTER 10 YEARS?

According to the Straits Times news report “Bumper profits for early BTO flats” (Jul 7) – “Of these, the highest number of transactions were of Sengkang four-roomers with the leases starting in 2009. They cost up to $205,000 when they were first launched around 2005.

Read More »