The Ministry of Home Affairs (MHA) has reminded Singapore Premier League (SPL) clubs holding permits to operate jackpot machines to remain vigilant in their operations.
This comes after The Straits Times reported on Monday that a female employee from Hougang United - one of six SPL clubs running such operations - had been charged in court for allegedly misappropriating $278,200 from their clubhouse operations.
In response to ST's queries, an MHA spokesman said: "Following the fund misappropriation case at Hougang United Football Club, MHA has reminded all permit holders to be vigilant in their overall governance, processes and procedures, including maintaining accountability and checks and balances in their financial matters."
To operate fruit machines, clubs need to be granted a permit under the Private Lotteries Act, which is to be renewed annually provided a host of conditions are met.
One such condition is that clubs are required to open and maintain a separate bank account for jackpot revenue and maintain proper accounting records in that account.
Others include applying social safeguards, such as not allowing anyone under the age of 21 to enter the fruit-machine room, and installing closed-circuit television (CCTV) cameras to provide continuous recording of activities in the room.
Permits issued to clubs may be revoked if there are breaches of any of these conditions.
Presently, six of nine SPL clubs - Hougang, Albirex Niigata, Balestier Khalsa, Geylang International, Home United and Warriors FC - run jackpot operations at their respective clubhouses.
6 of 9
Singapore Premier League clubs running jackpot operations at their clubhouses.
Depending on the size of their clubhouse operations, they can hold a few hundred thousand dollars in cash for winner payouts.
Clubs ST spoke to said that, in addition to applying MHA guidelines, they also have stringent standard operating procedures to prevent the misappropriation of cash, or detect it if it happens.
Home, who run 23 machines at their clubhouse at the Bishan Sports Hall, conduct regular audits and surprise checks on employees.
Said a club spokesman: "We have in place a stringent system of checks and balances such as two-factor authentication, segregation of duties and daily report requirement for cash management.
"These initiatives are complemented by regular audits as well as surprise checks conducted."
Balestier, who operate eight jackpot machines at the Toa Payoh Stadium next to the club's administration office, keep a comparatively small sum of cash for payouts.
"The cashier's safe has a maximum of only $10,000 for daily operations," said club chairman S. Thavaneson.
"If there is a request by the cashier for additional cash as a result of large payouts, the club general manger will issue additional cash after verifying the payouts during the day."
"All cash balances, payouts, cash book are checked and reconciled at the end of each working day by the general manager," he added.
"Any discrepancy is immediately investigated and either corrected or reported to management for further action."
ST had reported that Malaysian Tean Tai Tee, the Hougang employee who was arrested and charged in court with one count of criminal breach of trust for having allegedly misappropriated $278,200, can be jailed for up to 15 years, and fined if convicted.
Rescuers ended their search on Thursday for the plane carrying Premier League football player Emiliano Sala, which disappeared over the English Channel three days ago, after saying there was little chance anyone aboard had survived.
Football news - Rescuers end search for missing plane
United dump holders Chelsea out of FA Cup to pile pressure on Sarri Sports By John Doe 2019-02-19 London (Reuters): Manchester United's Ander Herrera and Paul Pogba headed first-half goals to claim a 2-0 win that dumped FA Cup holders Chelsea out of the competition and secured a place in the quarter-finals in an intense tie at Stamford Bridge
United dump holders Chelsea out of Cup to pile pressure on
Football: Iran and Iraq qualify for last 16 with easy wins
Arsenal manager Unai Emery has vowed that his team will attack Valencia in the second leg semi-final clash as they bid to reach the Europa League final. The Gunners travel to Spain next week for the second leg after winning the first leg 3-1 at the Emirates Stadium on Thursday.
Arsenal, Chelsea in strong positions in Europa League semis
Substitute Andre Gray scored a second-half winner as Watford beat Marco Silva's Everton 1-0 in the Premier League on Saturday to heap the pressure on their former manager.
Watford's Gray strikes to sink Everton and pile pressure on
16 Aug 2014, Sports News covering Baseball, Basketball, Football, Tennis, Golf, Soccer, Rugby, Boxing and Motorsports from around the world brought to you by 15 Minute News
Сайт за счетоводство, данъци и осигуряване : Форум за
Ronaldo return looms large over Juve's European hopes Juventus star Cristiano Ronaldo training yesterday in Turin before the flight to Amsterdam for the Champions League quarter-final first leg at
Ronaldo return looms massive over Juve's European hopes
May 21, 2019 · Destination: Football - Expedia Group Football Travel Trends Study Reveals Two Thirds of Travellers Plan Holidays Around Sporting Events PR Newswire LONDON, May 21, 2019 - A huge 68 percent of
Expedia Group Study Reveals 9 in 10 Indian Football Fans Plan
May 17, 2015 - Destiny Beckons On Senator Bukola Saraki As Next Senate President The National Youths Mobilizer and APC Supporters' Group which comprises of Mallam Muhammed Mudi, Mr. Abdul, Jamiul and Mr. Lawal in a joint statement have endorsed and throw their weight behind the emergence of Senator Saraki bids for Senate President seat.
Gotham Hearts Chapter 18: Destiny Beckons, a Batman - FanFiction
Football: Tampines Rovers thrash Home United 5-1 to top Singapore Premier League table SINGAPORE - Two games, two wins, 10 goals scored. The 2019 Singapore Premier League may only be in its second round this week, but Tampines Rovers are proving themselves worthy contenders for their first domestic league title since 2013.
Tampines Rovers thrash Hougang United in Singapore Premier
Title-chasing Reds require perfect finish, admits Van Dijk. Virgil van Dijk says Liverpool must win their three remaining Premier League games to have a chance of claiming a first domestic
Usual suspects in the frame at expanded Asian Cup 2019
0 comments:
Post a Comment