AHPETC is like a period: Better late than never?

In a surprising turn of events, Ms Sylvia Lim broke the WeePies‘ usual code of silence by sending an electronic direct mailer (EDM) to her residents.

In her EDM Ms Lim highlighted two things that her three-in-one town council has done since acknowledging that they messed up the town council’s money:

1) Appoint an unnamed accounting firm to look at AHPETC’s financial and auditing matters; and

2) Working on their FY 2013/2014 accounts for submission by June 2015 and FY 2014/2015 accounts by August 2015.

Hurray for residents in the East – your town council is finally doing something, years after their financial mess was discovered! Better late than never, am I right?

better late than pregnant

What’s up with all the mystery about this accounting firm though? Just name them lah. I’m sure – or at least I hope – any accountant that you appoint would have better financial brains than the husband-wife combo you currently employ.

Oh, and this unnamed accounting firm is the fourth team of accountants to have looked at AHPETC’s accounts in the past three years. It took AHPETC’s original auditors Foo Kon Tan Grant Thornton, the Auditor General of Singapore, AND international auditing giant PricewaterhouseCoopers before the WeePies did something.

I must say that the WeePies either really enjoy dealing with auditors or are simply refuse to admit their own faults.

sylvia srs audits

Oh well, at least they’re finally doing something. Like what my parents used to tell me in the past whenever I failed my exams: at least they’re trying. Let’s hope it’s not too late for their residents!

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2 thoughts on “AHPETC is like a period: Better late than never?

  1. Pingback: Daily SG: 5 May 2015 | The Singapore Daily

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