# MND’s Statement on the KPMG Report

- **Source:** Ministry of National Development
- **Published:** 2016-11-04T10:00:00.000Z
- **Author:** Ministry of National Development
- **Original:** https://www.mnd.gov.sg/newsroom/press-releases/view/mnd-s-statement-on-the-kpmg-report
- **Topics:** HDB & Public Housing, Government & Policy, Investment & Capital Markets

## Featured rationale

Recovering lost funds and strengthening accountability may protect resources intended for estate management and reduce potential disruption to services benefiting AHTC residents.

## AI summary

KPMG found serious regulatory breaches and improper AHTC payments involving millions of dollars, prompting HDB to request third-party recovery action, including potential legal proceedings.

## Original article

MND is deeply concerned with the latest findings in the KPMG report (“the Report”) on its review of past payments made by the Aljunied-Hougang Town Council (AHTC).

The Report found serious legal and other regulatory breaches, and improper payments made from Town Council funds running into millions of dollars. The Report also identified the possibility of criminal conduct.

These findings by KPMG are serious. There has been a significant loss of public monies.

To protect residents’ interests, steps must be taken to recover the monies which have been lost, and to ensure that those who acted wrongfully are held to account. HDB has, today, sent a letter to AHTC, asking it to confirm that it will appoint a suitable third party to take steps, on the Town Council’s behalf, to recover the monies which have been lost, including, where necessary, legal actions.

The Government is also considering what other steps are view of the concerns highlighted by KPMG, in relation to the way some of the Town Councillors have behaved, in dealing with public funds.

## Chinese translation

> Translation model: grok_cli

### 国家发展部关于毕马威报告的声明

国家发展部对毕马威报告（“该报告”）中关于阿裕尼—后港市镇理事会（AHTC）过往付款审查的最新调查结果深表关注。

该报告发现存在严重的法律及其他监管违规，以及从市镇理事会资金中作出涉及数百万新元的不当付款。报告亦指出可能存在刑事行为。

毕马威的这些调查结果性质严重。公帑已出现重大损失。

为保障居民利益，必须采取措施追回已损失的款项，并确保行为不当者承担责任。建屋发展局（HDB）今日已致函AHTC，要求其确认将委任合适的第三方，代表市镇理事会采取步骤追回已损失的款项，包括在必要时采取法律行动。

鉴于毕马威所提出的关注，政府亦在考虑就部分市镇议员处理公帑的方式采取其他措施。