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Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP TC GM

tanwahp

Alfrescian (Inf)
Asset
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

I just hope this is not true at all. If it is true, it will cause tremendous damage to WP's credibility and enhanced PAP's attack on WP of making use of public funds to enrich their friends and supporters.

Goh Meng Seng

Most of us are not pretenders except you and Swissbank. In your dictionary, WP looks set to lose Aljunied by now. So what difference will it make even if this is true? And why are you "worried" that WP will be "damaged", unless you are not sure WP has been already damaged.

We are all here to share our views in that, among other aims, these views will influence the views of others. Otherwise we won't come here and will keep those views to ourselves.

At least I respect Zeroo for being clear about his pro-PAP stance.
 

LOL2015

Alfrescian
Loyal
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

Goh Meng Seng mainly post negative news on WP and not other opposition parties. WHY ? I think most of us know already. It is really pathetic GMS for his age behaving this way. :wink:
 

Confuseous

Alfrescian (Inf)
Asset
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T


PAP ministers claim that WP AHPETC has OVERPAID their Managing Agent (MA) and I was very curious over this accusation. I did a study on AHPETC's Management Fees. For the year 2011/2012, it was slightly lower than 2010/2011 but in 2012/2013, the management fees for FMSS has suddenly shot up by almost 39%! (From $3.8 million to $5.3 million) Well, granted that there is an inclusion of Puggol East SMC but by proportion, it should be around 14% increase in the number of units or at most up to 20% increase. I do not know how AHPETC come up with such hefty increment of Management Fee of 39%. Maybe WP should explain this once and for all. Else, I am afraid PAP's accusation may just stick until next GE.[/QUOTE]


Of course they have overpaid - because no one want to tender, and affect their chances in other major govt projects. Such is the "subtle" pressure. Just as no one wanted to take on HHH's case where lawyers are concerned.

The crunch - the PAP says they must pay high salaries, otherwise, difficult to get people to go into politics, and especially to join the PAP.

So, where is the their moral right to condemn others?
 

enterprise2

Alfrescian
Loyal
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

Hello People!! When PAP and Opp start ripping us off, the people r well and truely screwed!!
 

zeroo

Alfrescian
Loyal
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

10985201_799164566806220_8520794114883974581_n.png
 

xingguy

Alfrescian (Inf)
Asset
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

PAP IBs can't see the elephant in the room or is it a case of none as blind as those who would not see.




lZM2ivm.png
541885_275164135938774_217827557_n.png
 

zeroo

Alfrescian
Loyal
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

10897008_1049114931781593_2595101088882519245_n.jpg
 

shittypore

Alfrescian
Loyal
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

Croynism and Nepotism will destroy Sinkiepore.
 

palden

Alfrescian
Loyal
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

Good comparison. Just show how screwed Stinkapore is..

PAP IBs can't see the elephant in the room or is it a case of none as blind as those who would not see.




lZM2ivm.png
541885_275164135938774_217827557_n.png
 

shittypore

Alfrescian
Loyal
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

End of day Sinkies are the Suckers.
 

Confuseous

Alfrescian (Inf)
Asset
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

Thou shall do what I tell you,
And not as I do.
 

Goh Meng Seng

Alfrescian (InfP) [Comp]
Generous Asset
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

Are you insinuating that FMSS is extorting huge fees from WP AHPETC because no one else except them are willing to work for WP? That is a serious accusation!


Goh Meng Seng




PAP ministers claim that WP AHPETC has OVERPAID their Managing Agent (MA) and I was very curious over this accusation. I did a study on AHPETC's Management Fees. For the year 2011/2012, it was slightly lower than 2010/2011 but in 2012/2013, the management fees for FMSS has suddenly shot up by almost 39%! (From $3.8 million to $5.3 million) Well, granted that there is an inclusion of Puggol East SMC but by proportion, it should be around 14% increase in the number of units or at most up to 20% increase. I do not know how AHPETC come up with such hefty increment of Management Fee of 39%. Maybe WP should explain this once and for all. Else, I am afraid PAP's accusation may just stick until next GE.


Of course they have overpaid - because no one want to tender, and affect their chances in other major govt projects. Such is the "subtle" pressure. Just as no one wanted to take on HHH's case where lawyers are concerned.

The crunch - the PAP says they must pay high salaries, otherwise, difficult to get people to go into politics, and especially to join the PAP.

So, where is the their moral right to condemn others?[/QUOTE]
 

Goh Meng Seng

Alfrescian (InfP) [Comp]
Generous Asset
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

Alamek! You are the MOST pretentious people around here! LOLx! Learning from PAP and WP fast!

WP better hold the fort else, it will sink, so do other opposition parties. Whether I like it or not, for the interest of other opposition parties, I have to hope WP didn't really do stupid thing like giving its GM $20K to $30K for her position. Else, all opposition parties will die together with WP.

Goh Meng Seng


Most of us are not pretenders except you and Swissbank. In your dictionary, WP looks set to lose Aljunied by now. So what difference will it make even if this is true? And why are you "worried" that WP will be "damaged", unless you are not sure WP has been already damaged.

We are all here to share our views in that, among other aims, these views will influence the views of others. Otherwise we won't come here and will keep those views to ourselves.

At least I respect Zeroo for being clear about his pro-PAP stance.
 

enterprise2

Alfrescian
Loyal
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

Alamek! You are the MOST pretentious people around here! LOLx! Learning from PAP and WP fast!

WP better hold the fort else, it will sink, so do other opposition parties. Whether I like it or not, for the interest of other opposition parties, I have to hope WP didn't really do stupid thing like giving its GM $20K to $30K for her position. Else, all opposition parties will die together with WP.

Goh Meng Seng

I agree. It will provoke outrage and betrayal and hand the next GE on a silver plate to the pappies!
 

tanwahp

Alfrescian (Inf)
Asset
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

Alamek! You are the MOST pretentious people around here! LOLx! Learning from PAP and WP fast!

Here I'm calling you pretentious and you say I'm also pretentious. Apparently you are not taking your own favourite advice not to say "you are doing it, so I do too".

WP better hold the fort else, it will sink, so do other opposition parties. Whether I like it or not, for the interest of other opposition parties, I have to hope WP didn't really do stupid thing like giving its GM $20K to $30K for her position. Else, all opposition parties will die together with WP.

I repeat again, all this while you had long concluded WP has sunk. Why reverse your position to say WP has not sunk and therefore I am bringing it up that it is going to sink? Is this the consistency you were praising yourself for?

And you say "whether I like it or not" does it means you like it if WP sinks and do not like it if WP doesn't? Your tail is showing from this Freudian slip.
 

Goh Meng Seng

Alfrescian (InfP) [Comp]
Generous Asset
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

When it is the truth, how to avoid it? :wink:

When did I say WP has sunk? I have only predicted, WP will sink because of FMSS, if they didn't do something about it... moons and a year ago. Don't hate me for it coming true. I have no such power to make it happen, only WP and FMSS have that kinds of power.

Goh Meng Seng

Here I'm calling you pretentious and you say I'm also pretentious. Apparently you are not taking your own favourite advice not to say "you are doing it, so I do too".



I repeat again, all this while you had long concluded WP has sunk. Why reverse your position to say WP has not sunk and therefore I am bringing it up that it is going to sink? Is this the consistency you were praising yourself for?

And you say "whether I like it or not" does it means you like it if WP sinks and do not like it if WP doesn't? Your tail is showing from this Freudian slip.
 

Goh Meng Seng

Alfrescian (InfP) [Comp]
Generous Asset
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

Let me put this on proper Oracle predictions again:

Everyone in WP will go into disarray. Everyone will try to cover his or her own backside, trying very best to protect themselves from the impending onslaught, pushing blame around and trying to make other people a scapegoat or sacrificial lamb to take the rap, before the fire come burning their way. It is basically everyone scrambles for his or her own self interest.

It is going to be a sad scene and we may see people run road if things turned really bad.

Goh Meng Seng
 

tanwahp

Alfrescian (Inf)
Asset
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

When did I say WP has sunk? I have only predicted, WP will sink because of FMSS, if they didn't do something about it... moons and a year ago. Don't hate me for it coming true. I have no such power to make it happen, only WP and FMSS have that kinds of power.

Come on. You remarked that "WP has been checkmated". Tell me you don't know the meaning of "checkmate". And it's "has been", not "will be if".

Nobody is saying it's your doing or FMSS doing. It is your having to go join people fabricating facts and lies that tell your hypocrisy. We aren't fans of your oracle - it's always wrong anyway (over Tan Kin Lian winning, over WP losing Hougang and PE).
 

Goh Meng Seng

Alfrescian (InfP) [Comp]
Generous Asset
Re: Huat! WP paid $20k-30k monthly to TC manager How Weng Fan 3 times more than PAP T

You want to see how WP is being checkmated? Here it is:

http://www.straitstimes.com/news/opinion/eye-singapore/story/workers-party-must-now-walk-the-talk-take-action-20150217


By Khaw Boon Wan

Last week, I tabled in Parliament the Auditor- General's audit report on Aljunied-Hougang- Punggol East Town Council (AHPETC) and MPs had a full debate on the matter.

The audit findings on the many lapses of AHPETC's managing agent, FM Solutions and Services (FMSS), and the way the town councillors discharged their duties are serious indictments of the town council.

The Workers' Party (WP) MPs' lack of transparency and accountability in their handling of this mess made for sad reading, raising serious questions about their integrity.

After two days of debate, all MPs voted in support of the motion. The WP joined the consensus and voted in support as well.

Some say that the WP MPs had to do so, given the abundant evidence gathered by the auditors. How could they vote against transparency and accountability after brandishing these values so stoutly themselves?

But the real test of whether their votes were sincere and whether they truly meant it when they accepted "collective responsibility" is: Will they walk the talk? Will they take concrete actions?

We need to ask these questions because their responses in Parliament did not give confidence to residents. For instance, to show how they keep a close eye on the accounts, WP chairman Sylvia Lim told Parliament that AHPETC's finance and investment committee meets every month. But the Auditor-General Office (AGO) report noted that as of Dec 12 last year, the last finance and investment committee meeting was held last April, which means the committee had not met for at least eight months.

During the debate, while stating that they accepted and respected the findings and conclusions of the AGO report, the WP MPs offered numerous excuses to suggest that the AGO's findings were not as serious as they seemed.

Most importantly, they said that the AGO report concluded that no money had been found to be missing, that there had been no criminal or dishonest activity uncovered and that at all times the sinking fund monies were still in the town council's bank accounts.

These are assertions that the AGO has strongly refuted. Indeed, the AGO report had concluded: "Until the weaknesses are addressed, there can be no assurance that AHPETC's accounts are accurate and reliable, or that public funds are properly spent, accounted for and managed."

There can be no doubt that the system that has been allowed to exist in AHPETC cannot continue.

In their speeches in Parliament, the WP MPs promised to improve. Many would recall that they have made similar promises many times before in the past four years to correct the serious shortcomings in their running of AHPETC. However, the situation just continued to get worse, not better, as their finances declined from surplus to deficit.

WP chief Low Thia Khiang declared in Parliament: "We are for transparency and accountability; we are not shy to support the motion that is critical of us."

But these are just words. The WP must demonstrate its sincerity by taking concrete action. It owes that to its residents. How housing estates are managed impacts public health, public safety and the quality of life for millions of Singaporeans, not to mention property values.

AHPETC needs to show its residents it will make things right.

MP Hri Kumar Nair and I have suggested concrete actions which Mr Low and his colleagues might take if they are truly sincere:

First, the elected town councillors themselves must commission a forensic audit to get to the bottom of things: How much money has actually been lost? Who was responsible? Where has the money gone? And, in the interest of transparency, send the findings to Parliament.

Such forensic audits are done, for example, in companies where there has been a serious failure to account for money, and/or where money has been lost. The serious concerns with the town council's controls and accounts as disclosed by its own auditors and the AGO make such a step necessary and urgent.

Second, take action against FMSS to recover what was overcharged. Find out through the forensic audit what other money has been lost and take immediate steps to recover the money.

FMSS was set up immediately after the 2011 General Election for the express purpose of taking over the management of AHPETC. AHPETC paid FMSS a higher managing agent rate than all other town councils paid to their respective managing agents.

Find out how much FMSS has made from this arrangement and where the money has gone. Since FMSS is an exempt private company, AHPETC should apply to the courts to require FMSS to reveal its accounts as the town council is likely to have incurred a loss of public funds to the company. We must not allow FMSS to get away scot-free with its takings.

Third, rectify the serious conflict of interest with the managing agent, FMSS. Despite the AGO's explicit finding that it had failed to manage properly its related party transactions, the WP had tried to argue that there was nothing wrong with its current arrangement. But it is abundantly clear that this arrangement is not acceptable and cannot continue.

Fourth, submit clean and properly audited accounts of AHPETC to Parliament just as all other town councils do, as required by law. One set is already overdue. The other set will be due in August this year.

It will not take long to get started on these actions. The first step is to appoint a forensic auditor so that they can get to the bottom of things, and start to clean up the mess. If the WP MPs are sincere, they can start immediately. It will not take more than a few weeks - at most a month - to appoint a forensic auditor, and to initiate a demand to recover the money overcharged.

If they fail to take these two essential first steps, it means AHPETC will continue to place public funds and residents' service and conservancy charges (S&CC) monies at risk.

The viability of the town council and its ability to pay and maintain essential services, as well as the upkeep of essential infrastructure such as lifts, will be in question.

Already, the town council's finances have deteriorated from a surplus position of $3.3 million to a deficit of more than $700,000 in the two short years after the WP and FMSS took over. The true situation since 2012 remains unknown as submissions of audited accounts since 2013 are outstanding.

Some residents are already asking how they can take action to compel AHPETC to make good the losses that the residents have suffered. Some in Aljunied have also asked why their S&CC had been used to cover the deficits in Hougang without consultation.

The Ministry of National Development, too, cannot stand idly by if public funds and residents' money continue to be at risk.

The writer is Minister for National Development.
- See more at: http://www.straitstimes.com/news/op...alk-take-action-20150217#sthash.J5ReHXhE.dpuf







Come on. You remarked that "WP has been checkmated". Tell me you don't know the meaning of "checkmate". And it's "has been", not "will be if".

Nobody is saying it's your doing or FMSS doing. It is your having to go join people fabricating facts and lies that tell your hypocrisy. We aren't fans of your oracle - it's always wrong anyway (over Tan Kin Lian winning, over WP losing Hougang and PE).
 
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