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09-09-2013, 02:50 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
How come our much vaulted gahment controls fail to uncover fraud cases like NKF, CHC, SLA or even the Brompton bike case?? Why does it take a whistle blower to uncover the cases??? In the NKF, it was a plumber who blew the whistle after seeing the 'gold taps' in Durai's office. In the other cases, it took un-named whistle blowers to discover the fraud...and in the CHC, the level of shamigans really blew my mind away. I am sure the auditors or the Com of Charities don't have a clue what 'round-tipping' means!!
This really calls into question of the level of corruption in Singapore. If the relevant ministries cannot spot, if our audits cannot uncover, and all these shady deals goes undercover into areas where the authorities dont even know existed....then the notion that there is little corruption in Singapore is really just an illusion.
If it weren't for the whistle-blowers, we probably wont know anything either!!!
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?162423-How-come-gahment-biz-controls-and-audits-fail-to-spot-fraud-like-NKF-CHC-SLA&goto=newpost).
How come our much vaulted gahment controls fail to uncover fraud cases like NKF, CHC, SLA or even the Brompton bike case?? Why does it take a whistle blower to uncover the cases??? In the NKF, it was a plumber who blew the whistle after seeing the 'gold taps' in Durai's office. In the other cases, it took un-named whistle blowers to discover the fraud...and in the CHC, the level of shamigans really blew my mind away. I am sure the auditors or the Com of Charities don't have a clue what 'round-tipping' means!!
This really calls into question of the level of corruption in Singapore. If the relevant ministries cannot spot, if our audits cannot uncover, and all these shady deals goes undercover into areas where the authorities dont even know existed....then the notion that there is little corruption in Singapore is really just an illusion.
If it weren't for the whistle-blowers, we probably wont know anything either!!!
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?162423-How-come-gahment-biz-controls-and-audits-fail-to-spot-fraud-like-NKF-CHC-SLA&goto=newpost).