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Auditor-General’s Report FY 2015/16: Audit observations


Jellandross
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did not read in detail the report, but why MINDEF also need to invest huh? I thought all the investing should be the jobof Temasek/GIC?

 

 

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Hypersonic

did not read in detail the report, but why MINDEF also need to invest huh? I thought all the investing should be the jobof Temasek/GIC?

 

So that the generals can learn and fast track themselves to CEOs and directors after they are out of mindef? [sweatdrop] [sweatdrop]

 

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did not read in detail the report, but why MINDEF also need to invest huh? I thought all the investing should be the jobof Temasek/GIC?

Based on the records of how these generals end up destroying so many civilian orgs they are rewarded as retirement jobs. .. should worried about the returns too.
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Don't seem like the learning objective has been fulfilled.... look at the performance of the parachute CEO/Directors till date.....

[:|]

So that the generals can learn and fast track themselves to CEOs and directors after they are out of mindef? [sweatdrop] [sweatdrop]
 

 

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Hypersonic

Don't seem like the learning objective has been fulfilled.... look at the performance of the parachute CEO/Directors till date.....

[:|]

 

In the army, everything is done up swee swee to wayang the way through. Outside of that comfort zone, performance is scrutinized. Nowhere to run, nowhere to hide.

 

Different lah but I would take up those jobs anytime. The pay is simply irresistible  :yeah-im-not-drunk: Do well, get paid. Fark up, also get paid. Get sacked, even paid more. Where to find?  -_- 

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I fully agree...... I want that job too :yeah-im-not-drunk: ....truth to be told, I say we are both just envious and jealous of them lah :D

 

 

In the army, everything is done up swee swee to wayang the way through. Outside of that comfort zone, performance is scrutinized. Nowhere to run, nowhere to hide.

 

Different lah but I would take up those jobs anytime. The pay is simply irresistible  :yeah-im-not-drunk: Do well, get paid. Fark up, also get paid. Get sacked, even paid more. Where to find?  -_-

 

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Turbocharged
(edited)

http://www.straitstimes.com/singapore/from-lax-enforcement-to-overpayment?utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook&xtor=CS1-10#link_time=1469584833

 

Wow, so fast case close lao.. Less then 1 wk from news breakout, almost all agencies that is highlighted had done their actions.

 

If it is wp, don't think our government will let it go easily..

 

"The Manpower Ministry bought a $432,407 computer system that turned out to be incompatible with its current system.

The new system was meant to be integrated with MOM's Foreign Domestic Worker system. But the ministry did not carry out a robust evaluation of whether the two would be compatible before procurement.

MOM then decided not to use the new computer system as modifying it would cost too much. It has been unused since November 2014.

The AGO pointed out that some of the hardware assets and database licences could have been redeployed elsewhere in the ministry. MOM said it is exploring doing so."

 

No investigation of kickbacks or corruption with IT vendor involved & manager who approved the purchase? 

This is making the AGO's effort a joke & belittling their responsibilities to us taxpayers. We did not pay tax for them to play games & cover up.

Edited by Duckduck
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Reminds me of these cases... [sly]

 

header_peterlim.jpg

 

20120612.120901_cnb_rotator3.jpg

"The Manpower Ministry bought a $432,407 computer system that turned out to be incompatible with its current system.

The new system was meant to be integrated with MOM's Foreign Domestic Worker system. But the ministry did not carry out a robust evaluation of whether the two would be compatible before procurement.

MOM then decided not to use the new computer system as modifying it would cost too much. It has been unused since November 2014.

The AGO pointed out that some of the hardware assets and database licences could have been redeployed elsewhere in the ministry. MOM said it is exploring doing so."

 

No investigation of kickbacks or corruption with IT vendor involved & manager who approved the purchase? 

This is making the AGO's effort a joke & belittling their responsibilities to us taxpayers. We did not pay tax for them to play games & cover up.

 

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Twincharged

so this is how the legendary bin centre looks like?

Wa, bin centre so nice..

so this is how the legendary bin centre looks like?

Wa, bin centre so nice..

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Supercharged

http://www.straitstimes.com/singapore/long-delay-in-moe-review-draws-scrutiny

 

AGO report: Long delay in MOE review draws scrutiny

The Ministry of Education's long delay in completing a review to make sure student loans are repaid promptly drew scrutiny from the Auditor-General's Office (AGO) in its annual report out yesterday.

Loans due for recovery from former National University of Singapore (NUS) and Nanyang Technological University (NTU) students stood at $228.04 million last June.

.

.

The AGO had, six years ago, flagged this formula, pointing out that it "discourages" banks from putting in their best efforts to recover outstanding loans.

The MOE gives NUS and NTU the loan principal and absorbs any defaults. Universities outsource administration of the loans to two banks, which are paid fees.

But the AGO found the formula wanting, as the fees are a percentage of total outstanding loan balances.

As of June 30 last year, the outstanding balance of such loans totalled $511.49 million.

"Any recovery or write-off of loans would therefore reduce the outstanding balance and correspondingly the amount of agency fees payable to the banks," it said.

The MOE said then that it would review the formula, and gave targets for completing the review each time the AGO followed up since 2010.

But the AGO noted yesterday that these dates "had been postponed several times", and the review had not been completed as of March.

 

 

WTF!!

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Turbocharged

so this is how the legendary bin centre looks like?

 

coz d arts council is FOS so they need a really good trash can.

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Turbocharged
(edited)

 

has the esteemed minister spoken on this issue yet? or is he still waiting for his boss to give the green light? his silence on this issue is deafening, to say the least.  -_-
 
just a few days ago, he preached one hell of an astounding sermon on trust, accountability and transparency. he concluded that the AHTC saga was a "damning litany of highly irregular and suspicious financial practices, poor governance structures and extensive leadership failures." in the light of the latest report from the AGO, will he be singing from the same hymn sheet?  [rolleyes] even his own backyard is not properly maintained.  [lipsrsealed]

 

The intention of the AHPTC saga is to bog down Pritam and co with audits and lawsuits etc so as to distract them from their main constituency duties. In time to come, hopefully the neglect will translate into more PAP votes as the voters of aljunied will see that no enough is being done for them...

 

stroke of genius by MIW but I hope the aljunied voters can see whats going on.. :ninja:

Edited by Kyrios
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"The Manpower Ministry bought a $432,407 computer system that turned out to be incompatible with its current system.

The new system was meant to be integrated with MOM's Foreign Domestic Worker system. But the ministry did not carry out a robust evaluation of whether the two would be compatible before procurement.

MOM then decided not to use the new computer system as modifying it would cost too much. It has been unused since November 2014.

The AGO pointed out that some of the hardware assets and database licences could have been redeployed elsewhere in the ministry. MOM said it is exploring doing so."

 

No investigation of kickbacks or corruption with IT vendor involved & manager who approved the purchase? 

This is making the AGO's effort a joke & belittling their responsibilities to us taxpayers. We did not pay tax for them to play games & cover up.

How can this just be due to lack of robust evaluation :yuush: ??? Looks to me like don't even have simple evaluation at all.

All the talk on redeploying the hardware & licences are just damage limitation steps... need to know why could this happen in the first place!

 

Perhaps the $400k+ amount is too small & need not even go to senior level for approval during the tender & award exercise... in that case, quite easy to get some IT mgr/director to take the rap & those high up still safe...

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Supersonic

You guys falling for their red herring la.

 

If the bin center costs 900k, you should be asking how much the building it is attached to costs.

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The intention of the AHPTC saga is to bog down Pritam and co with audits and lawsuits etc so as to distract them from their main constituency duties. In time to come, hopefully the neglect will translate into more PAP votes as the voters of aljunied will see that no enough is being done for them...

 

stroke of genius by MIW but I hope the aljunied voters can see whats going on.. :ninja:

 

i agree, but judging by the result of the last GE, a sizable number of "repented" voters there felt that it was better to return to "status quo" despite knowing that own-self check own-self is no check at all.

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