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Singapore's arts council paid ‘exceptionally high’ $410,000 for a bin centre: Auditor-General’s Office
A bin centre for Victoria Theatre and Victoria Concert Hall cost the National Arts Council (NAC) an “exceptionally high” consultation fee of $410,000, said the Auditor-General’s Office (AGO) in its annual audit.
The amount was equivalent to 87 per cent of the construction cost of $470,00 for the bin centre.
This was one of the findings in the AGO’s audit of 16 ministries, 11 statutory boards and several government funds for financial year 2015/2016.
The likes of the Ministry of Education, the Ministry of Defence and the Land Transport Authority were all singled out for lapses.
The AGO’s report highlighted four key areas: inadequate financial controls, weak governance over management of public funds, lack of oversight of administration of schemes and programmes and lapses in management of contracts.
‘The construction…was more complex’
Read the full article at https://sg.news.yahoo.com/singapores-arts-council-paid-an-exceptionally-062446335.html