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COMMERICAL AFFAIR DEPT CALL IN TO CHECK REN CI


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Probe into Ren Ci finds irregularities in 'a few' financial deals

Health Ministry has referred these to the Commercial Affairs Department.

 

 

Volunteers in Ren Ci Hospital helps out at the canine therapy which takes place every second Sunday of the month. -- PHOTO: TNP

 

A Ministry of Health probe into Ren Ci Hospital and Medicare Centre has discovered that a few financial transactions could not be 'satisfactorily explained'.

'In order to seek greater clarity into these transactions, MOH has referred them to the Commercial Affairs Department for it assistance,' said the ministry in a statement on Monday.

 

'MOH will be seeking the cooperation of Ren Ci's board and staff to assistant in CAD's investigation.'

 

The ministry will continue its subsidies to Ren Ci for its patient care services to ensure that patients continue to receive care and medical treatment and the day-to-day operations remain undisrupted.

 

Ren Ci has been under investigation by MOH since last November following the discovery of some possible irregularities in certain financial transactions involving the charity and other external organisations.

 

Ernst & Young Associates was appointed to conduct the inquiry.

 

The charity had extended interest-free loans, amounting to millions of dollars, to several companies.

 

An audit turned up discrepancies between the amount recorded by the charity as loaned out and that recorded by the companies as borrowed.

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[nod][nod][nod]

 

That's why after the NKF saga, i no longer donate to these charity bodies [:|]

 

People might bombard me saying that i only see things through the surface and not understanding the situation in depth (I admit i'm shallow [nod][nod][nod] )

 

Save & skrimp like Fxck, good heart to donate to charity bodies but in the end, it's others whom is laughing to the bank [gossip][gossip][gossip]

 

Really a Kum Lan Kia [:/]

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Nothing wrong to see things on the surface... Most also do mah... Most see PRC lady means kway... See Filipinos means maid... See bangla means construction worker... See CT Goh's wife means Golden Peanuts... lipsrsealed.gif

 

There may or may not be another side of the story to each and every charity scandal... It's true that those who suffer most are the patients as they are on the receiving end of these money... Sad to say that out money don't really go straight to these people... Minus here minus there and for every dollar donated, only 20 - 30% gets to them...

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Sad to say that out money don't really go straight to these people... Minus here minus there and for every dollar donated, only 20 - 30% gets to them...

 

Yeah Bro [:/]

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you sure you can dig onot?

 

pheasants should just till the soil and not dig further deeper..digging further will invite trouble..worms will crawl all over your field and eat up the veggies you plant.. [laugh]

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[nod][nod][nod]

 

That's why after the NKF saga, i no longer donate to these charity bodies [:|]

 

People might bombard me saying that i only see things through the surface and not understanding the situation in depth (I admit i'm shallow [nod][nod][nod] )

 

Save & skrimp like Fxck, good heart to donate to charity bodies but in the end, it's others whom is laughing to the bank [gossip][gossip][gossip]

 

Really a Kum Lan Kia [:/]

 

You're right man, Brudder. I feel like a KLK or like what the ang mo say, a sucker! [sweatdrop]

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