Friday, 27 November 2015

AHTC Ordered To Appoint Own Independent Accountant Subject To HDB's Approval



Update on MND's appeal to appoint independent accountants for Aljunied-Hougang Town Council.

The court has turned down the appeal.

However the court has ordered the Aljunied-Hougang Town Council to appoint the accountants directly.

Among the things the accountants are required to do is to submit monthly progress reports to the HDB. They will also have the power to investigate whether past payments made by the town council were improper.

The court also ordered the town council to make all sinking fund transfers within 3 months from today.

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