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</td></tr> <tr><td class="msgtxt" id="msgtxt_2">Nonsense and irresponsible, says Low Thia Khiang of PAP accusations
Posted by theonlinecitizen on May 4, 2011 45 Comments
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The  following is the transcript of Mr Low Thia Khiang’s rally speech on 3  May. In it, he addressed allegations by the PAP Aljunied GRC candidate,  Mrs Lim Hwee Hua. Mrs Lim had questioned if the accounts of Hougang Town  Council, chaired by Mr Low, was “messy” and whether “they are holding  back till after the elections so that whoever wins Hougang will then  inherit the account?”
Here is Mr Low’s response.
Dear Voters of Punggol East, Seng Kang West, friends and fellow Singaporeans, good evening.
We  have entered a critical phase in this election. PAP has shown its  hands. They have embarked on a personal attack against me to try to  discredit me. The Prime Minister has personally gone down to Aljunied  GRC to campaign for the PAP team  led by 2 ministers and a future speaker of Parliament, three veteran  PAP heavy weight candidates. And MM Lee has also come out to make fun of  our team as compared to the PAP’s.
I  believe they will also make use of the media to mock me. Please be  careful of what you read in news paper and what you see on TV. Please  come and attend our rallies in the next 2 nights and help us to spread  the message, and keep checking our web site wp.sg
First, I want to  respond to Mrs Lim Hwee Hua’s accusation about Hougang Town Council’s  Account. She said: “Is it messy or are they holding back till after the  elections so that whoever wins Hougang will then inherit the account?”
Do  you believe that Low Thia Khiang is dishonest? Do you believe that if  the account of Hougang Town Council is messy, I can survive for 20  years?
The account of Hougang Town Council, like any Town Council  account from the PAP, has to be audited by a public accountant who must  be approved by the Ministry for National Development. After the auditor completed the audit, it has to be submitted to the Ministry  for National Development and Auditor General for approval. After which,  like all statutory boards, it has to be presented to Parliament and  each MP can have a copy of it.
If the account is messy, how come  MND and Auditor General approved it? Why is Mrs Lim, who is a minister  and an MP, making this kind of comment now? She has received a copy of  the report on Hougang Town Council and had not made any observations  earlier. Why shoot such irresponsible comments on me now? What is she  trying to do?
May I remind her as well that during the Lehman  crisis, Hougang Town Council is one of those who did not lose any money!  We have always handled our funds prudently.
Next, she brings in  the issue of the privatization of the HUDC estate at Hougang Ave 7. She  says that Hougang Town Council has not given the pro-tem committee  formed for the purpose of privatization on the portion of the sinking  fund balance, to be transferred to them after the privatization. This is  again totally misleading.
The HUDC estate is part of the estate  managed by the Town Council. The expenditure of the estate such as  repainting works, reroofing works, building maintenance and other  expenses are all taken in one single account under the account of  Hougang Town Council which includes the HDB flats. This was what I took  over from the PAP when I was elected in 1991.
Now that these  blocks are to be privatized and they will manage themselves, the  accounts have to be segregated, including the expense attributed to the  blocks. The balance will then be transferred to their account as  required on the date decided by the HDB.
This is the first time  Hougang Town Council has needed to do this, we want to be sure that the  account separation is done properly and we do not have experience in  this area, so what did we do? Hougang Town Council wrote to HDB on 23  August 2010 after the HDB sent its briefing note to HGTC on the  privatization process on 23 August 2010. We asked for advice and  guidance on the method and principles we should use to separate the  account as well as format for the accounts to avoid future dispute on  how we have arrived at the final amount to be transferred to them.
The  HDB replied to the above query on 24 Nov 2010 and said that HougangTC  will have to decide on the basis of splitting the account. Hougang TC  then started preparation for the process by discussing with the auditor  the job scope and modification of the computer system to capture the  expenditure and receivables separately.
The auditor was then  appointed on 17 March 2011 and the certified apportioned sinking fund  based on audited account as at 31 March 2010 was completed on 11 April  2011. HGTC is now in the process of capturing the expenditure  apportioned to the HUDC estate between 31 March 2010 and 31 March 2011.  Once the audited account for the HUDC estate is completed and presented  to Parliament, HGTC will give a copy to the pro-term committee.
The  HDB privatization briefing note to Hougang TC stated that the role of  the TC is to hand over the operating and sinking fund to the Management  Committee upon legal privatization. According to HDB who informed HGTC  on 6 April, they have obtained the required consent for privatization  but the expected duration to legally privatize the estate is 2 and half  years!
I have called for a report on this issue, Hougang Town  Council has given me the correspondence between the Town council and the  HDB and between the pro-term committee chairman. The Pro-term committee  chairman was informed of the steps HGTC has taken.
Therefore, we  have done everything correctly. Why does Mrs Lim Hwee Hua decide to take  up the case and suggest that the account of Hougang Town Council is  messy and I, as chairman of Hougang Town Council, have done something  wrong. I leave it to you to guess her intentions. Don’t you think that  if I had done this, I am quite sure that I will be sued.
It is  tiring during election time to deal with this kind of issue, instead of  using my precious time to tell you more about Workers Party message and  policies, I have to end up wasting time answering such nonsense  accusations.
I will tell the PAP: if they suspect that I have done  anything wrong with the account, do report me to the CPIB. Do not  hookwink the voters at this critical time when polling day is near.
This  is the PAP’s usual tactic: Do you still remember at the last election,  the case of CCTV footage from the Election department?
All this is calculated to distract the voters and the Workers’ Party from delivering its message.
Election  is a serious matter. I will be focused in the next 2 days to urge the  voters to Vote Workers’ Party, towards a First World Parliament.
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