- Joined
- Dec 30, 2010
- Messages
- 12,730
- Points
- 113
Actually, that's the worrying part. This is the guy who was given $104 million to spend for YOG and ended up with a bloated $387 million expense. Of which $79.8 million was parked as "Other Costs", an accounting entry that was not even picked up for query by the Auditor General. Yet the then 50-year-old, who was heading the Ministry of Community Development, Youth and Sports (MCYS), insisted that his team "did not overspend or waste or squander the $387 million budget" allocated to the project - note the sneaky slight of hand here, actual $387m amount expended (per report card presented in parliament) equals exactly the revised $387m budget proposed (supposedly figure approved by PM Lee).
- http://singaporedesk.blogspot.com/2012/01/money-down-drain.html
- http://singaporedesk.blogspot.com/2012/01/money-down-drain.html