PUBLIC UTILITIES BOARD (Auditing of Accounts)

Parliament of Singapore · 27 July 1982 · 5th Parliament

Official Report, 27 July 1982, Vol 42, Issue 1 · Open in the reader (summaries, search, filters)

J.B. JeyaretnamTony Tan Keng Yam
5

Mr J.B. Jeyaretnam asked the Minister for Trade and Industry if there is any reason why the accounts of the Public Utilities Board are not audited by the Auditor-General as in the case of the accounts of the Housing and Development Board.

Dr Tony Tan Keng Yam: Part of the Public Utilities Board's development expenditure is financed through loans from the World Bank and the Asian Development Bank. These financial institutions require that the Board's accounts be audited by commercial auditors acceptable to them. The Auditor-General has been consulted and has raised no objections to the PUB appointment of its auditors. PUB ELECTRICITY TARIFF SYSTEM (Cols. 79 - 90)

Source: Singapore Parliament Official Report (Hansard) for 27 July 1982. Republished on SGParliament.