QUOTE(Marine Boy @ Dec 5 2013, 07:55 PM)
The Accounts presented must be audited & details breakdown to check whether the funds are not misused or being manipulated.
Yes this would be the first step. Besides having fair tender processes, we also got to know the basis used in the industry for contract services such as management, security, cleaning, etc. to actually have an idea whether our contracts prices are about reasonable. At the moment we do not even know basic info like whether B1 car park is common property/under JMB and the total sf of each type of properties that are paying service charges. I do not know why such broad/general info is kept very tightly. I feel it is the right of owners to know them. If voted into JMB, I will try to get these basic statistics out for all owners. Transparency is the key to checking abuses.
Dec 6 2013, 07:22 AM

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