Sunday, 30 August 2015

The Real Reason For Setting Up FMSS

Think about this. 

When WP won Aljunied GRC in 2011, they did not call for a public tender but gave the managing agent contract to their friends in FMSS. 

The reason Sylvia Lim gave for not calling a public tender was 'lack of time'. 

FMSS was set up a few days after the general election in 2011. 

AHPeTC was the SOLE CLIENT of FMSS.

So you ask yourself: If FMSS had not been assured of the managing agent contract and other contracts as well, would the close friends of WP use $500,000 to set up a company whose ONLY CLIENT is AHPeTC? 

The owners of FMSS were already managing Hougang Town Council. They could have continued to manage AHPeTC without setting up a company. 

So why was FMSS set up? 

It is a convenient vehicle to channel millions of dollar from the town council to friends of WP.
A more interesting question: WHAT HAPPENED TO THE MONEY AFTER IT IS CHANNELED TO FMSS?

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