STATEMENT ON CLOSURE OF JOINT BANK ACCOUNT

In July 2024, we gave an update on the settlement and discontinuance of the court proceedings commenced by the Independent Panels of Aljunied-Hougang Town Council and Sengkang Town Councils against us and other parties.  As these court cases are concluded, there is no longer a need to maintain the joint bank account no. 396-309-388-6 which…

STATEMENT ON DONATION TO AHTC & SKTC

In July 2024, we informed the public that the long-running law suits against us and others commenced by the independent panels for Aljunied-Hougang Town Council (AHTC) and Sengkang Town Council (SKTC) had been settled through mediation on a drop-hands basis i.e. all parties would discontinue their claims against each other and bear their own legal…

Joint Statement on Settlement

Aljunied-Hougang Town Council (AHTC) and Sengkang Town Council (STC) each have long-running lawsuits against Ms Sylvia Lim, Mr Low Thia Khiang, Mr Pritam Singh, Mr Chua Zhi Hon and Mr Kenneth Foo (the Town Councillors) in respect of $33.7m paid to FM Solutions & Services Pte Ltd (FMSS) / FM Solutions & Integrated Services (FMSI)….

AHTC Saga In Review

This CNA report of 23 Jul 2023 provides a concise history of the long-drawn AHTC court case. We encourage anyone who is interested in the matter to click the link and read the report. Selected Highlights (CNA Report) How The Suits Came To Be Accounting firm KPMG ran an audit and found what it termed…

CA Judgment Dated 9 Nov 2022

We are pleased to note that the Court of Appeal (CA) has found that the Town Councillors acted in good faith and in the execution of the Town Councils Act and the Town Councils Financial Rules in awarding the MA and EMSU contracts to FM Solutions & Services (FMSS) and in awarding contracts to certain…