More questions than answers from SingPost’s reply
For SingPost to transform successfully, it needs a strong, effective board unencumbered by conflict of interest, good corporate governance, and a strong management team
Read MoreAuthor: Mak Yuen Teen
SingPost saga: Untenable for PwC to stay on as special auditor
In a study of 31 firms that had appointed a special auditor since 2011, only SingPost has picked its external auditor, or its internal auditor, to undertake the special audit.
Read MoreIssues SingPost should tackle to improve corporate governance
RECENT news media reports following the announcement of the special audit by Singapore Post (SingPost) have focused much attention on the so-called “administrative oversight” relating to the failure to disclose the interest of SingPost’s lead independent director, Mr Keith Tay, in its announcement of the acquisition of FS MacKenzie.
Read MoreAssuring outcome needed from SingPost
Two thorny tasks: finding the right person to take over the CEO reins and resolving the disclosure oversight issue in a convincing way
Read MoreSingPost starts audit probe following expert’s queries
Special auditors to investigate corporate governance concerns, a day after it admits to ‘administrative oversight’
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