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    TC’s computer & financial system

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    • W Offline
      Way2GO
      last edited by

      4 months, 20 years, 200 years before d formation of PAP. dat’s not d contentious issue.

      Chandra Das shd stop talking to SGreans like they r undiscerning idiots n tell SGreans wat was AIM really set up to do.
      If his comment dat d 3 PAP directors do not receive any renumeration for fronting dis company is an attempt to appease d public, it falls flat. Wat’s said is not a celebration of doing public service in itself, but an admission dat they r in it to serve their party.

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      • L Offline
        limlim
        last edited by

        If they are inconsistent, just a giveaway that a lot of covering up and BS by the media…

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        • B Offline
          BlurDad
          last edited by

          This is just another incident reinforces my belief that \"Ultimate Power Breeds Corruption\" , perhaps, in Singapore's context - not so much an outright \"Corruption\" but rather \"Collusion\".

          Our founding Fathers fought hard and made tremendous self-sacrifices to make Today's Singapore, however, as time goes by, the next next new \"groomed\" leaders take over - becoming more egocentric / less empathy - that compounded by the lull of big \"salaries\". the implicit promise of future carrer opportunities & closed-door accesses.
          Our simple trust for our leaders is eroding fast ... Just like any civilization in the history of mankind .... it shall meet its final destruction by its people's revolt if not by the force of the nature / the wrath of God - If things go unchecked, no action being taken to mitigate.
          First thing first, why \"Collusion\"? It is because it is so hard to prove and can be cleverly circumvent the existing regulatory & judiciary systems. For instance,
          Public Open Bidding is a system does provide certain level of transparency however it is by no means \"fool-proof\" one. Sensitive systems (in this case IT systems used by Town Council for that matter) originally developed by PAP, it makes sense to be transferred to the hands of ex-MP run company. So, one can argue that the Public Open Bidding system is just a conduit to justify the intension of transferring.
          Let's face it, other private market bidders, if any, can not bid for such \"proprietary sensitive system\" at lower costs without prior knowledge and if they DO ultimately they will meet the certain DEATH by the Tender Committees in due process.
          To have \"ex-MPs\" (even without getting director fees) on its board, one of the overriding reasons is to keep an eye - an Invisible EyE (away from Public).
          There is no reason to make the life of opposition wards easy, after all they are not of the same kind.
          As we come to the closing of 2012, with so many high-level events have been unfolding as compared in the past years. WHY now? Food for thought indeed.
          It reinforces once again the above-mentioned belief. ONE valuable lesson if any for all ordinary Singaporeans - like me is: \"the future of our children is in our hands, we should not, NEVER, blindly leave it to the established SYSTEMs - they can not be always RIGHT and, further more, is inevitably riddled with the fallacy of human\" - the Older generations fought their lives with convictions, sadly the Newer generations take those hard-fought ones for granted and think this is their entitlement.
          What should we do? My view is a simple one:
          1) Have more responsible / passionate (not just be compensated by Big $$$) / intelligent individuals to come forward to serve / to check / to mitigate the existing Establishments (especially like ours when a political party almost equates to a government).
          2) We should NEVER NEVER give up our individual's human right - a true democracy is to have its people to decide its country's destiny with information presented as is it - Good or Bad. The social media (though it is a double-edged sword) is our ENABLER - a soft power that is not so easily \"suppressed\" by any authorities without public's notice and out-cry. Don't ever lose it.
          3) Usher more healthy & responsible competition to the existing Establishment (no matter how reliable they are), it serves 2 purposes: To make the existing Establishment more accountable/transparent and to provide them more \"practical/realistic\" trainings - please bear in mind that our New Generation leaders are \"pampered\". It is self-defeating to think that someone will offer \"his own cheek to be slapped by his own hand\" - for instance, having the same party members to \"question\" the same party members who are in executional position- if it works it may work for a short while. You need True/Healthy competition to bring the best - Iron sharpens Iron. Who can make a difference? An insignificant (as an individual) YOU and ME...

          These are some personal thoughts as 2012 draws to an end, and looking forward to 2013 with hope ..making Singapore - A Truly Unique Place on the planet.

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          • NebbermindN Offline
            Nebbermind
            last edited by

            limlim:
            If they are inconsistent, just a giveaway that a lot of covering up and BS by the media..

            Wah! If we really kenna smoked, then it worries me...not because of the smokescreen, but rather the fact that these people can't even smoke convincingly! :evil:

            讲多错多 :roll:

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            • P Offline
              pirate
              last edited by

              It does not matter any more. The whole thing has boomeranged and the damage is done.


              I guess the PAP has still not learnt the lesson from 2011. The loss of votes was not due to high housing costs. It was not due to overcrowding, or MRT breakdowns, or whatever. Those are just symptoms of the disease. It was simply due to a loss of trust.

              It’s all pretty stupid anyway, once trust is lost it is extremely difficult to earn back. And that is something so basic that we teach it to our kiddoes.

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              • R Offline
                raysusan
                last edited by

                found this funny

                http://sphotos-d.ak.fbcdn.net/hphotos-ak-snc7/293966_440091069377547_996356090_n.jpg
                ">

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                • B Offline
                  BlurDad
                  last edited by

                  limlim:
                  Why did they award the bid to a $2 company??


                  Can pass audit meh this kind of transaction for Govt organisation....
                  To be honest, there is no good reason to award a $100K+ project to a $2 paid-up company especially in Government Tendering process.

                  I will be very wary to award such an important system to a company with just $2 paid-up capital. No commercial banks will EVER loan a single cent to a $2 paid-up company because it does not make any sense to do so - Why does our Government do that? They do owe all Singaporeans a good explanation.

                  It seems to warrant a further investigation to find out at the point of rewarding this contract to AIM what is its Net Tangible Asset (NTA) and Annual Sales Turn-over.

                  Please go to Ge Biz - Public Procurement website under Appendix B. All the bidders are grouped into different financial bands from Cat. S2 ... S10 (refer to
                  http://www.gebiz.gov.sg/gettingstarted_index_eppuregistrationhtml.html.)
                  In this case, AIM must be qualified as minimum S2 which is NTA=$12.5K and Sales Turnover=$250K to bid for $100K-$250K government projects.

                  Another real life example of possible \"Collusion\" ???

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                  • R Offline
                    raysusan
                    last edited by

                    http://sg.news.yahoo.com/town-council-spat-puts-spotlight-on-pap-042316314.html


                    enjoy reading the comments below

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                    • S Offline
                      Strparent
                      last edited by

                      incredulous uncovering of events.....lidat also can ar ? :slapshead:



                      my personal understanding of the situation ( which may or may not be accurate hor )

                      set up $2 company, 4 months later bid 140k for an 'intangible' entity ( software ) which was developed by a group of TCs, which then proceed to continue to use the the same software which they just previously paid to develop and owned, by leasing it back from the $2 company for a combined annual returns of >90% of the 140k PER YEAR ???

                      this type of lobang where to find ? lao nua leh, angchuar boh kaisiaooo ? :drool: :drool:

                      throw in some other seemingly subplots

                      The directors do NOT receive any fees or remuneration ? ?

                      and can terminate the lease contract with just a month’s notice “should there be a material change to the composition of the leasee \" ???

                      :torchme: :torchme:

                      someone give me some panadol please, i read also tao tia :siao:

                      I thought only B grade movie writers come out with this sort of unbelievable fictional storylines........

                      1 Reply Last reply Reply Quote 0
                      • S Offline
                        Strparent
                        last edited by

                        Nebbermind:
                        limlim:

                        If they are inconsistent, just a giveaway that a lot of covering up and BS by the media..


                        Wah! If we really kenna smoked, then it worries me...not because of the smokescreen, but rather the fact that these people can't even smoke convincingly! :evil:

                        讲多错多 :roll:

                        NBM, :rotflmao: :rotflmao: :rotflmao:

                        1 Reply Last reply Reply Quote 0

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