Lapses found in Singapore govt's financial records

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Its MOF said every case will be thoroughly investigated, and any officer involved in such crimes will be dealt with.

The statement followed the Auditor-General's Office yearly report issued earlier in the day, which found possible irregularities in records furnished by public agencies for audit, among other things.

"We take a serious view of irregularities in records furnished for audit. Such actions weaken the system of public accountability," the ministry said. "We will not waver in ensuring public accountability in the use of public funds as we continue to serve Singaporeans to the best of our efforts," it said.

MOF said that it has started working on measures to consolidate facility management and improve how agencies manage such contracts. These measures aim to drive the sharing and adoption of good practices, standardise processes and deepen capabilities across public agencies, it said. The audit revealed weaknesses at the Accountant-General's Department and the Accounting and Corporate Regulatory Authority, among other agencies, over the management of privileged operating system user accounts - computer accounts that give access to more secure parts of an agency's systems.

 

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