Bishan-Toa Payoh town council gets amber rating for corporate governance
It is the only town council that failed to achieve a green rating.
According to the Ministry of National Development’s (MND) estate management report, the Bishan-Toa Payoh town council (BTPTC) has failed to achieve a top green rating for corporate governance (CG).
BTPTC has failed to obtain ministerial approval before commencing works on non-common property and disbursing funds for three projects.
Out of all the 17 town councils, BTPTC is the only town council to fail the top rating. The town council was rated “amber" after it scored 1 point for its CG scoring.
“As there were multiple occurrences of the same type of non-compliance, this was considered a medium severity observation,” MND said.