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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Why wasn’t Temasek and GIC’s accounts audited by the Auditor-General?

Posted on 17 July 2009

From Wayangparty.com: According to a Straits Times report, the Auditor-General (AG) has chided civil servants for being sloppy in their management of public funds.One government agency whose slip-ups are particularly costly is regulator Media Development Authority (MDA).

Its lapses, which filled nine pages of a 40-page report released by the A-G yesterday, included failing to collect an estimated $9.89 million in revenue……….Full Article: Source


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