SPH Media tasks audit committee to further investigate inflated circulation numbers, commission legal advisers
SINGAPORE: The board of SPH Media has tasked its audit and risk committee to further investigate the case of inflated circulation numbers, with the help of legal advisers, and decide on what steps need to be taken.
In a statement on Friday , SPH Media gave further details of the discrepancies discovered from its preliminary findings from a review, which covered the period between September 2020 and March 2022. In addition, there was a possible discrepancy of 19,000 average daily copies, which included a barter arrangement with another publisher.
There were instances where copies were printed, counted for circulation and then destroyed, as well as double-counting of subscriptions.
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