Media Release – 7 Mar 2014

Updated Financial Year 2012 Town Council Management Report (TCMR)

We have noted the Ministry of National Development (MND)’s statement today indicating the Town Council’s banding for corporate governance under the Town Council Management Report (TCMR) framework, which comes as no surprise.

The factors that MND took into consideration included matters on which we had provided information in our statement of 14 February 2014 and in the Town Council’s Annual Report itself. These matters are the subject of an ongoing audit by the Auditor-General’s Office, and we will respond further, if there is a need to, after the audit.

SYLVIA LIM 
CHAIRMAN
ALJUNIED-HOUGANG-PUNGGOL EAST TOWN COUNCIL

7 March 2014