Netizen questions if there is conflict of interest between Mr Sear Hock Rong’s job and his grassroots work
December 18th, 2009 | 
Author: Written by Our Correspondent
A netizen using the moniker of “MrBell” posted a question on the Facebook of YPAP member Mr Sear Hock Rong asking him if there is a conflict of interest between his job and his grassroots work at Eunos:
http://www.facebook.com/topic.php?uid=77865194499&topic=13034
Mr Sear caused an outcry in cyberspace when it was revealed that he taunted an online critic of the PAP Mr Alex Tan with his past detention during National Service.
Mr Sear posted comments on the YPAP Facebook to Mr Tan beginning with the following address:
“Alex Zhixiang Tan who was charged with ‘general disobedience’”
Mr Sear had defended himself on the ground that it was Mr Tan who started using vulgarities on the YPAP Facebook. Mr Tan has since been banned from posting on it.
According to “MrBell” who obtained the information from website of Mr Sear’s company, who holds many positions in Eunos grassroots organizations:
He is the Chairman of Eunos Community Club Youth Executive Committee and Secretary of Eunos Zone ‘2’ Residents’ Committee and Eunos Civil Defence Executive Committee. He is also a member of the Eunos Community Club Management Committee and Eunos PAP Community Foundation Management Committee.
http://www.r2e.com.sg/about/mds.php
Mr Sear is an MD of R2E Concepts:
http://www.r2e.com.sg/about/mds.php
R2E Concepts clientele includes: Eunos Citizens’ Consultative Committee, Eunos Zone ‘1′ Residents’ Committee, Eunos Zone ‘3′ Residents’ Committee, Eunos Zone ‘5′ Residents’ Committee
http://www.r2e.com.sg/clientele.php
“MrBell” asked if there is a “conflict of interests” in this case:
“In what way has Mr Sear, being the grassroot leader of Eunos, sitting in multiple committees in Eunos community, has influence the decisions in the various Eunos RCs and committees to use R2E Concepts’ services whose MD is also Mr Sear?”
Mr Seah had not replied to the question posed on his Facebook yet, however his fellow YPAP member Mr Edgar Khieu had jumped to his defence.
Mr Khieu said it is not a concern that Mr Sear’s company counts some Eunos grassroots organizations as its clients:
“There are proper protocols involving conflict of interests. In the event of a committee member’s personal interests are involved, the member in question must sit out a vote on the decision. PA also requires a declaration of conflict of interests and also there are audit procedures to ensure there are no irregularities in the process.”
He also appears to insinuate that the question itself may be “defamatory” in nature:
“I believe that the books are open for inspection and they are audited according to PA guidelines. If you feel there is a conflict of interest or are accusing the various committees of wrong doing, kindly make the relevant reports. However if you are hinting without any basis that there is wrongdoing, you might be defaming the people involved in making the decisions.”
DISCLAIMER:
All the information published here from comments posted on Mr Sear Hock Rong’s Facebook which is in public domain and are used solely for the purpose of reporting.
Copyright © The Temasek Review, 2009
Related articles:
1. YPAP member demands Temasek Review apologize for “putting PAP in a bad light”
2. Identity of YPAP member who leaked Alex Tan’s DB record on Facebook
3. Alex Tan to YPAP members: Don’t be cowards on Facebook
4. Alex Tan challenges YPAP to public debate at Speaker’s corner
5. YPAP member slammed by netizens for revealing critic’s detention record
6. YPAP member resorts to smearing critic’s character to silence him
7. PAP MP De Souza: More robust debate from PAP than opposition MPs
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A question of “conflict of interests” becomes interpreted as an insinuation?
How can it be such a coincidence that Seah’s clientle includes most if not all the RC’s and various committes’s that he is sitting in?
Mmmm… perhaps, the various committees can explain what were the protocols in place where an MD of a company is their supplier of services and how the “conflict of interests” handled? who approved the use of Seah’s company? was Seah also part of this approval process?
“I believe that the books are open for inspection and they are audited according to PA guidelines. If you feel there is a conflict of interest or are accusing the various committees of wrong doing, kindly make the relevant reports. However if you are hinting without any basis that there is wrongdoing, you might be defaming the people involved in making the decisions.”
Books are open for inspection – really?
- by who? can the public inspect this?
- does he mean that the books will have information and statement with regards to this “conflict of interest”
I do not believe MrBell is accusing the committee of any wrong doing at this stage?
Being the MD of a company the services clients whom the MD is also sitting in the committee obviously reeks of conflict of interests.
Khieu should do his research before shooting his mouth off in defence of his “comrade” as they call each other.
Wikipedia defines “conflict of interest” as -
A conflict of interest (COI) occurs when an individual or organization is involved in multiple interests, one of which could possibly corrupt the motivation for an act in the other.
A conflict of interest can only exist if a person or testimony is entrusted with some impartiality; a modicum of trust is necessary to create it. The presence of a conflict of interest is independent from the execution of impropriety. Therefore, a conflict of interest can be discovered and voluntarily defused before any corruption occurs.
The occupations where a conflict of interest is most likely to be encountered or discovered include: policeman, lawyer, insurance adjuster, politician, engineer, executive, director of a corporation, medical research scientist, physician, writer, or editor. In short—any entrusted individual or organization.
People are curious as to why it is possible for a MD of a company to use his company to provide services to governmental committees, RCs, etc.. that he is sitting in, and like to have answers, so perhaps the RCs, committees who are Seah’s clients should explain to the public the process and protocol of how they are handling this? and who are the people involved that is approved this to be of NO “conflict of interest”?
Defaming? Are they finally coming tho this line of defence again?
two wrongs don’t make it right.
TR is a media – no matter how bias it is – therefore, it’s not right to pick up on individual.
we are not here propagating hate n inflame angers, are we?
hmm..lets examine the books!!
Deoxin,
Seah is a political figure, public figure, not an individual in this fracas, and has to withstand public scrutiny for his actions. He is already the grassroots leader, and sitting in all the various committees, RCs, and is representing the YPAP, a subset of the PAP, who are grooming thee YPAP to be our future leaders?
All the information obtained is public information, from the fb and his own website.
It will be interesting to hear from you in the event that a PAP critic (has happened in the case of Seah “reminding” the public of Alex’s dentention record in NS) and opposition leaders are scrutinized in the same manner.
I recall the incident where the personal records of a challenger to the roti-prata man as the netizens call him, was exposed when he challenged the position of Presidency.
@ deoxin on Fri, 18th Dec 2009 10:30 am
…”propagating hate n inflame angers”??
Your vocabulary is full of those inflamatory words. No one else is doing it here. It is unpleasant to me.
Please write that you simply “disagree” -if you must disagree.
There does appear to be a conflict of interest as pointed out by “Mr Bell”.
It appears that Mr Sear is using his grassroots position to further his own business interest.
Is this an offence or something?
I don’t think it’s a surprise that people join grassroots so they can benefit from the position.
Do you guys really think Durai is one and only of his kind?
Ha ha ha!
“PAP offers WEALTH, FAME, and POWER.”
“PAP and their rich friends.”
Great Asia repeated so many times. Tip of the iceberg la!
Ha ha ha!
to edgar khiew, so sorry to tell you that we the people are not hinting to you of any basis of wrongdoing. Rather it is a common consensus among the ordinary people like me to inform that since there is this lingering doubts in us , you or r2e concepts to alleviate our doubts in any favouritism etc. please remember this a democractic society . on top of that you have to be whiter than whiter. for me i will pay a visit to r2e concept office.
The Eunos CCC and RC must give an explanation or this could become a very hot topic during the elections. Isn’t this like cronyism or something?
Not right to pick on an individual? Asking questions on conflict of interests is picking on individual? Is it even wrong to ask questions now? If someone has done nothing wrong and his conscience is clear, why is there concern to begin with in terms of being questioned?
If it is so wrong to pick on individuals, why is Alex Tan banned from posting? Why is Chee Soon Juan or J.B.J. being constantly targeted and consistently sued in court? We could go on with the examples, don’t see the point….
Please refrain from insinulating that asking questions is wrong and is tantamount to propagating hate and inflammatory in nature.
If human beings never did ask questions or if it was possible right from the beginning of time, we would not have so many inventions today from the lightbulb, the car and even the plane. Nobody even sees the connection here.
“There are proper protocols involving conflict of interests. In the event of a committee member’s personal interests are involved, the member in question must sit out a vote on the decision. PA also requires a declaration of conflict of interests and also there are audit procedures to ensure there are no irregularities in the process.”
Ha ha ha!
What kind of monkey tricks PAP adopted?
眼前的黑不是黑，白不是白！
The lyrics of a song…Ha ha ha!
I think if his intention is to exploit, why would he start the business now and not 5 years ago?
There are many conflict of interests but go unreported but if you are against the establishment,then you will be investigated,simple as that.
well… if Sear Hock Rong’s company provides the cheapest service for the same amount of work, then there is no conflict of interest, right? therefore, so long as sufficient quotes are obtained through an open and transparent process, and Sear Hock Rong’s company has the lowest quote and his company is subsequently engaged, then even if he’s indeed a ‘grassroots leader’, is there any wrongdoing?
@soojenn on Fri, 18th Dec 2009 11:11 am
i disagree, i don’t think Sear is a public figure or political figure just yet. his affiliations n works are irrelevant to the episode.
we all make sweeping generalisation, that’s fine for the sake of argument. but to pick an individual is a different matter. unless that individual is on the capacity to represent the group he belongs to, it’s not correct to single out him to be bashed on the basis of his affiliation, rather than his personal view/action.
@More worried on Fri, 18th Dec 2009 11:22 am
i feel that the articles about Sear are written in such way to invite people to bash him ..especially, in respect of his affiliations. hence, in my opinion, it’s propagating hate n inflame angers.
—-
understand this, i do NOT defend Sear’s action. that’s why my previous comment begins with ..and this comment ends with this sentence: Two Wrongs do NOT make it right.
Cronyism you asked? Only an IDIOT and a COMPLETE ONE at that will believe that the selection process was ‘FAIR’ and Mr Seah had ‘no say’ in the matter directly or indirectly.
Mr Seah NEED NOT be sitting in the same committee of the selection process to ‘influence’ the outcome of the selection at all. The fact that he is the HEAD of various Eunos Organisation and MD of this company is sufficient enough to ‘influnce’ the decision maiking process, don’t we all agree?
UNLESS the selection process was done through a PUBLIC TENDER, then there is a ’slim chance’ that it is ‘FAIR’, otherwise, cronyism or whatever way one choose to phrase it, EXISTS!
Wah wad a nightmare this is turning out to be for Sear..obigood
Wow… I bet the clientele list will be removed from the website.
@Emily said “I think if his intention is to exploit, why would he start the business now and not 5 years ago?”
Maybe 5 years ago, he didn’t thought of that.
This country needs freedom of information law.
Singapore should move quickly to first world standards of accountability and transparency in ALL its public sector dealings.
Do any Singaporeans disagree?
Seah is the MD of the company…it is not just about the lowest quote… it is how it is being done.
Conflict of interest –
A conflict of interest (COI) occurs when an individual or organization is involved in multiple interests, one of which could possibly corrupt the motivation for an act in the other.
The occupations where a conflict of interest is most likely to be encountered or discovered include: …. executive, director of a corporation, medical research scientist, physician, writer, or editor. In short—any entrusted individual or organization.
The dear Mr Seah’s title fits the occupations listed above that will have potential conflict of interest issues.. and is involved in multiple interests.
I think it’s akin to a person being an independent director of a company, and the company uses the ID’s company for a certain service. Actually these organisations should be under even greater scrutiny than public companies as it’s ‘real’ public monies that are involved!
Well done TR! Great expose again!
Never has it been fair. You don’t seem to know how many people from inside there sits on other important seats elsewhere which benefits each other.
Tip of the iceberg is correct.
No wonder all these YPAP clowns can only regurgitate what their masters say and support their masters “blindly” because the PAP is given them business from the grassroot. This confirm that they join grassroot for business opportunity, not that they truly want to serve the nation. They are in fact serving themselves. Pragmatic lot.
And no wonder they downplay their business opportunity with the PAP. No wonder these clowns will vote for their party.
Welcome to the Kangaroo World of Australia ?
deoxin on Fri, 18th Dec 2009 11:58 am
quote “i disagree, i don’t think Sear is a public figure or political figure just yet. his affiliations n works are irrelevant to the episode.”
Tsk tsk …please read the definition of a public figure, and a politician below.
Public figure is a legal term applied in the context of defamation actions (libel and slander) as well as invasion of privacy. A public figure (such as a politician, celebrity, or business leader) cannot base a lawsuit on incorrect harmful statements unless there is proof that the writer or publisher acted with malice (knowledge or reckless disregard for the truth). The burden of proof is higher in the case of a public figure.
A politician or political leader (from Greek “polis”) is an individual who is involved in influencing public decision making. This includes people who hold decision-making positions in government, and people who seek those positions, whether by means of election, coup d’état, appointment, electoral fraud, conquest, right of inheritance (see also: divine right) or other means. Politics are not limited to governance through public office. Political offices may also be held in corporations, and other entities that are governed by self-defined political processes.
Deoxin, let Seah speak for himself if he is a politician or not or are you able to make this assumption on his behalf.
I cannot imagine what he is then..
It is the time the PAP give a account of what is going on with YPAP. Did the PAP finance the YPAP for grassroot activity to promote the support for the party ? Did PAP give priority to these member of YPAP for business in return for loyalty ?
rc,
“well… if Sear Hock Rong’s company provides the cheapest service for the same amount of work, then there is no conflict of interest, right? therefore, so long as sufficient quotes are obtained through an open and transparent process, and Sear Hock Rong’s company has the lowest quote and his company is subsequently engaged, then even if he’s indeed a ‘grassroots leader’, is there any wrongdoing?”
In China they called it 关系；in Singapore we called it CONNECTIONS.
With 关系/CONNECTIONS a person would be able to do wonders. Just like a fortune teller – probably he would know what type of price his competitors are submitting; and also the specifications that the BUYER is asking for.
Got it?
rc,
With 关系/CONNECTIONS you can also sell them your services and products. You can advise them, so that, they would be able to be AWARE of your services or products.
It is called MARKETING – you can create the demand.
Got it?
Want to join YPAP?
You know how to play golf or not?
Ha ha ha!
Exposer,
“This confirm that they join grassroot for business opportunity, not that they truly want to serve the nation. They are in fact serving themselves. Pragmatic lot.”
Ah bo then?
Ha ha ha!
Hey TR,
Give you another interesting job to do. Go and find out how many YPAP play golf.
Ha ha ha!
Do you believe that there is such code of conduct in lky link corporation call whiter then white? Conflict of interest exist in everywhere especially in a land where the powerful ruler .
I smell rats in Eunos, it is obvious that Seah has reaped a lot of profit siting in all these committees and even exert certain influence and authority to use taxpayers money for his business. Would his business allows his competitors to steal his customers where he is in charge? That is precisely whey people wanted to join Grassroot when there are huge benefits to be reaped. Even one Grass root leader who molested a girl in Hotel81 managed escaped without punishment.
I thought as a PAP grassroots organization, you need to call open quotations to get the lowest quote for any services that meets RC’s needs like what they do in the civil service. Is there not a provision within the civil service that you cannot use a particular company so many times that it seems that favoritism has entrenched itself? What does the civil service manual say on that? I thought they had some kind of very specific clause on favoritism in the civil service that strongly discourages it.
Also, what I see is that Teo Ser Luck has left this Sear Hock Rong to roast. The deafening silence of Teo Ser Luck in the FB chat room when Sear Hock Rong revealed Alex’s DB records was so damning that Teo Ser Luck felt he was already sucked into Sear Hock Rong’s losers end. So now Sear is left defenceless without Teo Ser Luck & heavyweight PAP members, only left with YPAP babies who can only whine & whinge.
Oh yes, now I remembered why Teo Ser Luck cannot tahan Sear Hock Rong, he’s got too many flaming wars among China’s table tennis players to resolve that he left him so drained of energy. Its in the ST archives, Sear Hock Rong go check out Teo Ser Luck’s comments on why he has left you.
Wahahaha! exposed!!! possible corruption?
@soojenn
[[["Deoxin, let Seah speak for himself if he is a politician or not or are you able to make this assumption on his behalf."]]]
it is quite funny for u to make this point this late. bcoz in the first place, the whole episode in TR (call it “Sear Episode”) started when TR published Sear’s detail; in what appear as tit-for-tat of what Sear did to Alex.
so, r u going to question TR too ..why did TR do that? did alex ask TR to do that? is Alex not able to dig information of Sear n published it on his own blg? was Alex in such desperate state (TR article suggested that Alex won!) ?
shouldn’t u suggest to alex now to defend himself if he tot that Sear Episode is personal? is this about Alex vs PAP ..or.. Alex vs Sear , in the first place ?
[[["Public figure is ...
A politician or political leader (from Greek “polis”) is ..."]]]
it’s quite funny too that u resort to definition now. this whole Sear Episode came about from ‘disobedience’. have u looked up the definition of ‘disobedience’? do you agree or disagree that Alex’s action was ‘disobedience’ to the rule set by the ‘authority’ of YPAP Network admin ?
okay, one by one, what is ‘disobedience’ to u?
–
but then again, i am not defending Sear. am here to say: Two Wrongs do NOT make it right. that’s all.
I see an opportunity here. Is Jack Neo gg to make a movie out of this parody?
Technically following the concept of directors interest, so long he discloses it and does not vote on it. Its considered fine.
Of course, to the extent of how much control he has over the voting, that is for eunos ppl to decide.
Conflict of interest?
LKY was a board of director in Citibank and the chairman of Temasek when Temasek buys Citibank shares.
Before we even expose Sear of ’suspected’ corruption, cronyism, etc..can someone first charge him for violation of the Official Secrets Act?
This should kick him out of all grassroots and even future election?
ya lah ya lah, every thing also defamation suit! PAP worn out style.
Emily said “I think if his intention is to exploit, why would he start the business now and not 5 years ago?”
If you checked ROC’s records, maybe you will find that his company was incorporated AFTER he became involved in numerous Eunos GRC’s agencies.
Maybe 5 years ago, he wasn’t heading any of the Agencies and the business started only AFTER he stared heading them? Think hard…
It would be very very very intersting to check and know if he is ‘connected or related’ to any of the PAPies’s Elites, some Millisters, MPs or Perm Secs?
As for Teo Ser Luck, it would be political suicide for him now to get involved with this joker’s mess. Better leave the joker to clean up his own mess than to piss Voters off and lose his Million Dollar Salaries. Besides, this joker is a small fly that can be disposed after use.
Why is this Edgar Kieu fella who is doing the answer for Sear Hock Rong? I want an answer from Mr Sear, not some PAPies dog.
I took a look at his client list,besides eunos, there are other clients like schools,football club,church,nus student union,clan association.
if he is only dependent on eunos,then it is very likely that he is milking his post. However, from the looks of it,it may be more due to reciprocation (you scratch my back,i scratch your back). afterall, he serve for free at eunos, thus reciprocation, a strong psychological influence, leads ppl to prefer to give jobs to his company provided that the price is on par with other companies.
but,to prevent 瓜田李下 like Lee&Lee in the early days of hdb, it is better to avoid this kind of conflict of interest. as you know, a rolling stone gathers moss.
We should invite Mr Brown to develop a gig on this saga.
Getting interesting everyday as surprises unfold.
nice.
at least there’s a debate going on in cyber space.
2-3 years ago, i’d imagine no one would have bothered (apathy + fear??)
the internet is awesome.
His fellow MD Foong Yong Kheong is Vice-Chairman of Eunos CC Youth Executive Committee, Assistant Secretary of Eunos Zone ‘3’ RC.
Strange for the RC to threaten with defamation instead of explaining how exactly R2E was appointed as a service provider. Hiding behind threats and use of fear only serve to arouse further suspicion rather than clarify the situation.
Let’s all behave like sensible adults than to be like gangsters waving fists and knives at the first instance
■I love my country on Fri, 18th Dec 2009 3:57 pm
“…Strange for the RC to threaten with defamation instead of explaining how exactly R2E was appointed as a service provider. Hiding behind threats and use of fear only serve to arouse further suspicion rather than clarify the situation
…”
Trade mark of PAP. Threaten to sue you left, right and centre. Sound familiar doesn’t it. That’s what NKF used to do before it backfired and then the truth out for everyone to see.
“In China they called it 关系；in Singapore we called it CONNECTIONS.
With 关系/CONNECTIONS a person would be able to do wonders. Just like a fortune teller – probably he would know what type of price his competitors are submitting; and also the specifications that the BUYER is asking for.”
That is terrible. That is not just connection,
but CON-NECTION in Singapore term.
CPIB fall in!!!
Wait, or are they, from Ho all the way down to grassroot leaders, all enjoy ‘immune’ status?
Observer asked: Why is this Edgar Kieu fella who is doing the answer for Sear Hock Rong? I want an answer from Mr Sear, not some PAPies dog.
In PAPies terms, it call ‘carrying balls’.
@XIIIblackcat , LKY is different story altogether, he is ABOVE THE LAW and PARLIMENT, AGC, COURTS, PRESIDENT, CPIB, ARMY, POLICE, ISD are all ‘UNDER’ him.
wait for the old man to die and all will be revealed
According to a bro in 3in1kopitiam who did a search, Sear’s company is only about 6 months old. For a new company to be able to get at least 24 corporate clients (according to R2E website: http://www.r2e.com.sg/clientele.php), that means Sear can hit at least 1 corporate client a week. This is an incredible feat for a new company. At this rate, I believe they are on their way to IPO very soon…
@Kojakbt, not wise for an IPO, isn’t it? IPO means have to answer to shareholders but now small small quiet quiet can operate in the dark, agree?
Is there a “conflict of interest” between his job and his grassroots work at Eunos? Well I should say that he is not obligated to follow the procedure as there are no Standard of Business Conduct exist or signed by him the approving party.
wah, 6 months got 24 corporate clients….more taxes for singapore kitty bank…good leh! Make sure they file their tax return preperly hor, IRAS, count on you le!
Dear all,
You may like to visit hockrong.blogspot.com to find out more about “Mrbell Mrbell” and his question “is there a conflict of interest here”.
Thank you and regards.
Dear All,
Forget about visiting Hock Rong’s blog. It will not give a complete picture as TR can. At the very least, TR will not censor your comments, be it good or bad. TR even allow comments that are critical of TR.
Hock Rong is not what he claim he is. He will not alloow comments that are critical of him. So much for “truth”. Would you even want to waste your time?
Don’t believe me? Try posting nice comments and nasty comments and see which comment gets allowed? Say very much about the owner of the blog.
Dear Hock Rong:
Why don’t you just answer the questions here instead of directing people to your site, where you maintain tight control over flow of information?
I believe TR has always maintained that they will post your comments unmoderated.
I also believe you can explain to us here on how:
1) there was no conflict of interest between your different roles
2) your company can manage to get so many clients within a short period of starting up, without relying on unethical/illegal methods
Thank you and regards.
AS A COMMITTEE MEMBER N SITTING IN VARIOUS COMMITTEE – DOES HE HAS ACCESS TO TENDERS SUBMITTED?
The above is the question to ask, when he is also bidding for job
wow 6 months so many clients! must give this guy “Entrepreneur of the year” award since he likes to collect award so much.
In a recessionary world, this guy is indeed “talented”
Cronyism is not a crime in Singapore law, otherwise…
So that is enough reason why he joined YPAP in the first place ?
No wonder PAP always say it has the mandate. Isn’t this a form of buying votes ?
How clean is the MIW ?
“There are proper protocols involving conflict of interests. In the event of a committee member’s personal interests are involved, the member in question must sit out a vote on the decision. PA also requires a declaration of conflict of interests and also there are audit procedures to ensure there are no irregularities in the process.”
I find it absurd when Edgar Kieu keeps defending Sear and the system despite not even in the Eunos committee himself. It’s like when Khaw BW/Ho CHing defending Durai during the NKF fiasco. Until the veil is revealed then we all get a shock. How can we even “trust” the system like what Tharman said in Parliament when all these doubt is happening all around us?
All of these starts from the top. We, the public can’t even ask for accountability GIC or TH, now all the small flies thinks they have the government’s backing and are following suit. All these non-transparency and non-accountability has to change!
IF the book are open and found the R2E concept charge everyone in Eunos below the market price due to Sear’s influence then some people here will eat their word for jumping the gun.
The above is VERY common in the business world. but ppl like Durai will still exist.
janetnt on Sun, 20th Dec 2009 11:50 am
Obviously you have little understanding about business and “market price”.
The problem is not how low Sear’s company can sell to the Eunos communities.
If he sits on both sides of the fence (Buyer and Seller) a captive market has been created.
It is for this very reason that the business world demands little ambiguity for “conflicts of interest”. The slippery slope leads to “corruption”.
SHR is not a small fly…but a piece of shit!
So if I am CFO of a company and my wife is chief auditor of an auditing firm… can I appoint her to audit my books? Rethink.
No you cannot have your wife audit your books. Auditors have to sign off clauses stating that they have no relations. But they can use the same firm as your wife’s firm as long as your wife is not the partner signing off.
Of course if your wife and the partner signing off are shopping buddies then things are different.
Many directors have related transactions with their companies, so long they do not vote on it, its fine as per our Corp law.
Of course if the directors are pulling strings and no one know, that is another matter all together.
If there is inappropriateness, we should demand for change.
i mean change things to be right.
one senior mgtment ever told me that their company gets the contract before Request For whatever.
i cannot reveal who is he or what this company is.
He can weasel his way out that he has done everything by the book but by putting himself in a position whereby others perceive him to have a conflict of interest, he is tarnishing the image of the committees which are meant to serve the public. He should step forward, acknowledge this and remove himself from the offices where such perceived conflict of interest has been brought to light.
De-grader Sear Hock Rong, proved to be one and served him right for extra probation.
Wednesday, December 17, 2008
Have you made the right choice?
(1)
Anyway, work was quite as usual. There was lesser nagging as my boss was not in office. Took a quick lunch and went to the same corner to take a one-hour nap. Felt so much more refreshed after the nap.
(2)
Monday has come again and it marks the start of another week of work. Arrived in office at about 9am. There weren’t many people in office as most had cleared their leave and off in December.
Since boss wasn’t around, my colleagues and I decided that we leave office early for lunch. Somone suggested that we go for k lunch at cineleisure. This is my first time having k lunch at kbox. We had seafood fried rice and salmon cutlet.