http://www.straitstimes.com/Breaking%2BNews/Singapore/Story/STIStory_277387.html
Straits Times, 11 Sep 2008
The first review of 7 religious groups with annual incomes of over S$10 million each has been completed by the Commissioner of Charities, and they have found 4 areas that need looking into. This review is intended to “help the groups improve on the way in which they are run.”
- proper procedures when giving loans
- measures to manage potential problems arising from “conflict of roles” (board & staff)
- procedures to manage conflict of interest situations;
- donations given to external parties
See also
Governance of 7 religious groups to come under scrutiny (ST, 23 Oct 2007)