Wednesday, October 21, 2015

Singapore mega-church head guilty of embezzling $35 million...

The founder of a popular Singapore church was found guilty Wednesday of misappropriating more than $35.5 million in donations to support his wife's singing career in Asia before helping her break into the U.S. market for evangelization purposes.

Kong Hee, the founder and senior pastor of City Harvest Church, was found guilty with five other church leaders of stealing 24 million Singapore dollars ($17 million) designated for building and investment-related purposes through sham bond investments.

The State Court also found that they used another 26 million dollars ($18.5 million) to hide the first embezzlement from auditors. It is a rare case of corruption of such magnitude in the city-state, which has an image of being highly law-abiding and largely graft-free.

"They were not genuine transactions because the accused persons controlled these transactions," presiding judge See Kee Onn said in finding Kong guilty on three counts of criminal breach of trust.

 "Evidence points to a finding that they knew they were acting dishonestly, and I am unable to conclude otherwise," he told a courtroom packed with church supporters, who formed long queues since early morning to get seats. Full story...

Related posts:
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  2. Video of Singapore's City Harvest Church founder sermon ignites online outrage...
  3. Church trial highlights slew of scandals in Singapore...
  4. Singapore church founder 'misused £11.5 million in donations'
  5. Karma catches up with high-spending, fast-living Buddhist monk in Singapore!!!
  6. Sex and the Lion City! Scandals galore in prim and proper Singapore...

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