Communications and Information Minister Josephine Teo said the reasons which led to the Government's decision to fund SPH Media Trust - which was made in early-2021 - remain valid today.
- Mrs Teo said the level of funding previously assessed for the purposes of investing in technology and capability development remains valid.
"The level of funding previously assessed for the purposes of investing in technology and capability development remain valid," she said.ENSURING ACCOUNTABILITY SMT’s KPI performance and financial statements must also be audited by independent external auditors before submission to the Government, she said.
In response, Mrs Teo said these questions should be addressed to SMT, noting that their concerns were valid.
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