SINGAPORE - The Ministry of National Development (MND) was "selective and incomplete" in its statement on Aljunied-Hougang Town Council's (AHTC) qualified financial statement, said the town council on Friday evening (Dec 14).
AHTC was the only one of 16 town councils to receive a qualified financial statement from its external auditor, which MND said was due to the town council's failure to record expenses incurred in a timely manner.
In its town council management report for the 2017 financial year, the ministry issued the Workers' Party-run town council an amber rating for corporate governance for "failure to maintain updated accounts and records of expenses due to an internal control weakness". This was the first time since 2013 that AHTC did not receive the lowest red rating.
Three other town councils received an amber rating for corporate governance - Bishan-Toa Payoh, Tampines and Tanjong Pagar.