tag:blogger.com,1999:blog-8772491888812684500.post2124052174286416676..comments2024-03-21T14:35:09.854+08:00Comments on Singapore Notes: A Question Of ValuesTattlerhttp://www.blogger.com/profile/11037010707866164010noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8772491888812684500.post-78741999642673384182012-10-18T16:22:27.193+08:002012-10-18T16:22:27.193+08:00This is so cool. I am such a huge fan of their wor...This is so cool. I am such a huge fan of their work. I really am impressed with how much you have worked to make this website so enjoyable.office furniture indorehttp://stellarglobal.comnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-67876559913082156652012-08-22T12:03:39.806+08:002012-08-22T12:03:39.806+08:00What is the use of an Audit-General if our PAP Gov...What is the use of an Audit-General if our PAP Govt represented by our PM still insist that approving a loan from MAS is not the same as borrowing from our Govt and therefore needs neither the President's approval nor Parliament's approval ? <br /><br />And they have a law to take care of that ? And our President just nod his head without a single objection ... so unlike our much respected part President Ong Teng Cheong ? No wonder this President got booed ?<br /><br />Did PAP shortchange Singaporeans about the what a responsible President is supposed to do ?Alan Wongnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-6139557425463760442012-08-21T15:25:23.011+08:002012-08-21T15:25:23.011+08:00As those of us involved in budgeting knows, each y...As those of us involved in budgeting knows, each year a certain amount of funds is allocated for different departments, divisions or however the company or business is structured.<br /><br />In some cases, the amount allocated is dependent on previous year's amount. There will also be targets to meet such as cost cutting in terms of percentage.<br /><br />So it depends of the head of that department. If he/she wants to maintain status quo, any remaining funds must be spent, otherwise the next year's budget will be reduced.<br /><br />Therefore, spend lah! buy things that has not yet served their life span etc. And if the boss notices that stationery costs has risen, a target to reduce it will be the flavour of the year. From conqueror paper to thin copy paper.<br /><br />But the savings from this will be creatively pumped into: New Chairs!! ta--dah!!<br /><br />No corruption/No wrong doing/no blow jobs.<br /><br />But procurement is questionableAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-16069217580244933312012-08-21T15:16:27.927+08:002012-08-21T15:16:27.927+08:00NKF accounts were audited by the Auditor-General a...NKF accounts were audited by the Auditor-General and they did not pick up the shennigans of NKF during Durai's time. Now, it still appears that the Auditor-General is not really capable of picking up lapses in good practice. Perhaps, the remit of the Auditor-General needs an overhaul. Or maybe, the Auditor-General is just not suited for such a job.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-33343485712013727222012-08-21T14:56:06.038+08:002012-08-21T14:56:06.038+08:00All the misappropriations happening every year, an...All the misappropriations happening every year, and you still expect people to trust that your CPF and SWF are all in tact? Even the small Ministries can make mistakes (deliberate or otherwise). <br /><br />Honestly, if they only do their job every 5 years, then what do they do every other year exactly? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-22577387331800279052012-08-21T14:32:38.648+08:002012-08-21T14:32:38.648+08:00Two points: 1) Is the MoM into lending nowadays? I...Two points: 1) Is the MoM into lending nowadays? If so thye are really lousy ah longs, shud learn from the "would-class" IRS when it comes to collection, even 1 cent they will want to collect, and here we are talking half a million over 15 years - imagine the interests lost<br /><br />2) I presume the AG goes visiting to each ministry every year or at least every other year, why wasn't this discovered earlier? The AG is getting slack? Do should consider hiring that accountant who couldn't afford to pay for his old man's funeral - I am not joking - you have wet behind the ears accountants who cannot get into a big 4 supervised by unmotivated scholars eager not to offend Kee Chiu's buddy and Amy, you will not hear the full story, only people who have nothing to lose will dig it all out for us. Anonymousnoreply@blogger.com