On Mar 22 2018, KPMG provided a clean a clean audit report for Hyflux Group for the financial year 2017. 
On May 22 2018, Hyflux Limited and a number of subsidiaries filed for court protection from creditors,” SIAS said, asking what transpired between Mar 22 and May 22 in 2018.

Defence lawyers representing managing agent FM Solutions and Services (FMSS) slammed the way auditors KPMG had compared the costs incurred by the Aljunied-Hougang Town Council in employing the company, compared to if it had stuck to its predecessor CPG Facilities Management, as “inaccurate” and “highly speculative”,