AHPETC accounts: Now, Tharman cocks it up in parliament!

[Confuseous]

The following is a statement issued by the Aljunied-Hougang-Punggol East Town Council (AHPETC) in response to what Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam said in parliament on Monday.

AHPETC ABLE TO FULFILL SINKING FUNDS OBLIGATIONS WITH GRANTS.

We refer to the parliamentary debate during question time on 17 August 2015 on the Auditor-General’s Office annual audit for FY 14/15 of government departments and statutory boards.

During the debate, Aljunied-Hougang-Punggol East Town Council (AHPETC) was mentioned. DPM Tharman Shanmugaratnam claimed that even if the operating grant withheld by the Ministry of National Development (MND) for FY 14/15 is paid in its entirety into AHPETC’s Sinking Funds, it would not be sufficient to comply with AHPETC’s sinking fund obligations for the financial year.

This is incorrect.

Despite the withholding of the annual operating grant for FY 14/15 from AHPETC since April 2014, AHPETC has, to date, fully made 3 quarterly transfers for FY 14/15, from its operating funds to sinking funds, as follows:

The total amount of monies to be transferred to Sinking Funds for FY 14/15 is $20.05 m.

Transfers made to date for FY 14/15:
http://www.theonlinecitizen.com/2015/08/dpm-tharman-is-wrong-about-sinking-fund-ahpetc/

 

[winnipegjets]

These Indians don't know their facts. PAP is the party of idiots.

 

[dr.wailing]

These Indians don't know their facts. PAP is the party of idiots.

This whole incident shows that meritocracy in Sinkieland is a myth. Tharman was field by the PAP not because he was brilliant but due to cronyistic links.

 

[laksaboy]

Hope Tan Jee Say give this Ah Neh a bloody nose in the election.

 

[aerobwala]

HDB is the owner of flats but millions of dollars are held by town council (another entity) for upgrading programs 15 - 30 years down the road. How do we balance this keh-ling accounts?

 

[Froggy]

These Indians don't know their facts. PAP is the party of idiots.

No la where got idiots? This shitskin minister is working hard for Singaporeans rubbing shoulders with LTTE's swami

 

[makapaaa]

The order from the Natural Aristocrat is to smear WP in whatever ways possible before the GE. As long as the 60% buy it, it will be good enough.

 

[winnipegjets]

When is WP going to hit back?

WP, despite not receiving $14 million in grants, is able to provide services to resident without borrowing. The collected fees were able to sustain operations.

PAP TCs, without government grants, would be in deficit. And this is despite higher fees.

Time to paint the PAP as poor money managers. And it is also good to use that to explain why PAP is addicted to extracting more money from sinkees. We don't pay high taxes but we pay high fees for everything. That's why the commoners are being squeezed. The commoners are subsidizing business and the rich. Thanks to the Party Against People.

 

[red amoeba]

Honestly, talking all these numbers means nothing to laymen like me.

For me, it's simple, anyone eating money in all these, if yes, mata go arrest, and I will discredit WP, no arrest means no one eating money right ? Then wats wrong ?

This thing about the house not sound n crap, it's not something of immediate concern, with the limited resources, I think they did a good job.

It's like asking them to fly with two hands tied.

 

[kopiOuncle]

pap is still the best
workers party better rest
the other oppo are still the pests
if you want a beautiful Singapore
pap is the only party that will deliver..

 

[tonychat]

If SDP is in charge, this sort of things will never happen at all.

 

[winnipegjets]

pap is still the best
workers party better rest
the other oppo are still the pests
if you want a beautiful Singapore
pap is the only party that will deliver..

PAP has NOT delivered. That's the problem. Please wake up!

 

[koala88]

PAP has NOT delivered. That's the problem. Please wake up!

Not only have they NOT delivered, they also make a mess out of something that used to be good. Just look at the amount of foreigners they let in, disrupting a very harmonious once upon a time Singapore.

It is time to vote these self serving good for nothing out.

 

[Leongsam]

Why are so many Sinkie men losing their hair????

 

[tonychat]

pap is still the best
workers party better rest
the other oppo are still the pests
if you want a beautiful Singapore
pap is the only party that will deliver..

look carefully, PAP only go to those older generation, those unedcuated , unintelligent idiots who soaked up everything they see in TV and read in newspaper as the gospel truth..

So that is what PAP is going for, those who get conned easily.. WAHAHHAHHAHHA!!!!!!!!!!!!!!!

 

[Leongsam]

look carefully, PAP only go to those older generation, those unedcuated , unintelligent idiots who soaked up everything they see in TV and read in newspaper as the gospel truth..

Dummies don't go bald. These guys are obviously the cream of the crop.

 

[eErotica69]

look carefully, PAP only go to those older generation, those unedcuated , unintelligent idiots who soaked up everything they see in TV and read in newspaper as the gospel truth..

So that is what PAP is going for, those who get conned easily.. WAHAHHAHHAHHA!!!!!!!!!!!!!!!

Just like you and your ball-less uneducated parents voting for UMNO!

 

[sirus]

 

[virus]

Dummies don't go bald. These guys are obviously the cream of the crop.

By saying that those minsters n dead ministers who r not bald r dummies too. Duh.

 

[sirus]

How to handle a bully.

[video=youtube;p6TOxyvxR0c]http://www.youtube.com/watch?v=p6TOxyvxR0c[/video]