Saturday, 9 July 2016

Half-truths and Pritam Singh: duplication of work by independent accountants



Let's set out the truth clearly.

HDB had suggested that both the PAP and WP-run town councils jointly appoint the independent accountant to AVOID DUPLICATION OF EFFORT, COMPETING ACCESS TO DOCUMENTS AND INCURRING UNNECESSARY COSTS.

AHTC's response to that suggestion?

They rejected the proposal.

So PRPTC had to appoint their own independent accountant because they are also bound by the same judgement to review PE's accounts and they are accountable to their residents. They appointed PwC.

Having rejected the proposal for joint accountants, Pritam Singh is now complaining of duplication of work?

Why didn't he agree to jointly appoint KPMG in the first place?

The Court of Appeal ruled that Pasir Ris Punggol TC has an interest in the outcome of the work done by KPMG.

Whatever that Pritam Singh was hoping for, he did not get it in the Court of Appeal.

The Court directed that PwC and KPMG will now communicate directly with each other, bypassing AHTC.

So after more than 7 months of denying PwC the requested documents, PwC will finally be given access to those documents.

And.....for Pritam to use the excuse that there is duplication of work in order not to share documents when Pritam was the one who rejected the proposal for joint accountant to avoid duplication of work ....that is 'suppresio veri suggestio falsi'.

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Photo credit: https://www.facebook.com/FabricationsAboutThePAP/photos/a.245735922149090.70599.213440582045291/1056739517715389/?type=3&theater

Reference: http://bit.ly/29vibbF

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