AHTC’s response to MND’s FY2018 TCMR
We refer to the Ministry of National Development (MND)’s press release, Town Councils’ FY2018 Financial Statements and the FY2018 Town Council Management Report dated 05 December 2019.
For FY2018, MND has issued to Aljunied-Hougang Town Council (AHTC) green ratings for Lift Performance, S&CC Arrears Management, and Corporate Governance, and amber ratings for Estate Cleanliness, and Estate Maintenance.
AHTC worked alongside audit firm KPMG to resolve control-related issues identified for resolution. We thank KPMG for the guidance to improve our control processes, as well as AHTC staff for the long hours put in to facilitate the completion of this rigorous audit exercise.
In addition to the Town Council’s engagement with KPMG which ended in February 2018, AHTC initiated a self-funded internal audit engagement with Baker Tilly Consultancy (Singapore) Pte Ltd to improve the rigour of our finance and management processes. It is thus encouraging to receive news of our improved rating in corporate governance, as it represents the good work carried out in particular by our management team, the Finance department, then Vice-Chairman Mr Png Eng Huat and current Vice-Chairman Ms Sylvia Lim.
On 04 December 2019, MND wrote a confidential letter to Chairman Mr Faisal Manap, seeking clarification on AHTC’s decision to not require the recusal of Ms Sylvia Lim and Mr Low Thia Khiang on financial matters. AHTC will respond to MND by the stipulated deadline of 13 December 2019.
AHTC notes the rest of the TCMR Report and will continue to work hard to improve the safety and living environment of the Town.
To that end, we thank and seek the continued support of our residents, staff, various authorities and statutory agencies such as HDB, LTA and NEA amongst others, contractors and town councillors.
ALJUNIED-HOUGANG TOWN COUNCIL
05 December 2019