Furry Brown Dog

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AGO issued “unqualified audit opinions” on GIC Singapore

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Some three days ago the Straits Times carried a article on the Auditor-General’s audit report of government ministries and statutory boards. Both TOC and Wayang Party noted this on their websites. Wayang Party in particular asked why weren’t Temasek’s and GIC’s accounts audited by the AGO.

As a friend pointed out to me, the AGO did in fact audit GIC, though there was no mention of Temasek Holdings. The full report by the AGO may be found here.  Under Part III, the section on Audit of Government-Owned Companies and Other Accounts, the following is written:

AGO's audit on GIC

So the Auditor General’s Office did in fact audit GIC’s financial statements. And they found nothing wrong with the numbers.

Written by defennder

July 18, 2009 at 3:27 PM

Posted in Singapore affairs

One Response

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  1. […] Or other agency also can? I remember back in 2009 got some hooha about GIC`s audit AGO issued “unqualified audit opinions” on GIC Singapore | Furry Brown Dog Dont really understand the lingo but got any changes in later audits? __________________ You […]


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