Possible overpayments, weakness in controls among lapses flagged in AGO report
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Singapore's national auditor has flagged several public agencies for lapses in areas such as procurement and contract management, in its latest annual audit of the government's accounts. The Auditor-General's Office (AGO) had carried out audits and issued uPossible overpayments, weakness in controls among lapses flagged in AGO report
Singapore's national auditor has flagged several public agencies for lapses in areas such as procurement and contract management, in its latest annual audit of the government's accounts. The Auditor-General's Office (AGO) had carried out audits and issued unmodified opinions on the government financial statements of 16 ministries and eight organs of state. The same was done for the financial statements of three statutory boards, four government-owned companies and two other accounts. Selective audits were carried out on five statutory boards and three government funds, along with a thematic audit on selected parenthood support measures. In a report released on Wednesday (July 17), the AGO found lapses in procurement and contract management in four agencies. They are the National Parks Board (NParks), the Ministry of Education (MOE), the Building and Construction Authority (BCA), and Sentosa Development Corporation (SDC). Sport Singapore (SportSG) and Nanyang Polytechnic (NYP) were found to have revenue and collection lapses, while BCA recorded lapses in grant management. Read more