WP got conflict of interest with FMSS meh???

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An honorable member of the Coffee Shop Has Just Posted the Following:



As early as 6 Feb 2015, PriceWaterHouseCoopers (PwC) made the following observations in the AGO Report:

1. "PricewaterhouseCoopers Consulting Pte Ltd (PwC) did not see any documentary evidence that the AHPETC Town Councillors had considered the full extent of the interests of the related parties, the CONFLICTS OF INTERESTS involved and safeguards needed (see footnotes 2 and 3 for details on the related party relationships) before AHPETC entered into the contracts with FMSS."
2. "Taken in totality, AHPETC did not adequately manage the CONFLICTS OF INTERESTS involved in related party transactions."
3. "AHPETC did not disclose fully the related party transactions in its financial statements. It also did not adequately manage the CONFLICTS OF INTERESTS of related parties arising from ownership interests of its key officers."

What do you think?
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