City Harvest church founder Kong Hee and 4 others arrested
-
Originally posted by [imdestinyz]:
"The church did not lose any funds in the relevant transactions, and no personal profit was gained by the individuals concerned"
Are the ppl gonna be guileble enough to believe that?
Based on this logic, is it the murderer will not be guilty if the victim did not die and puts on weight at later part of his life?
-
Originally posted by Pinknutri:
Based on this logic, is it the murderer will not be guilty if the victim did not die and puts on weight at later part of his life?
that one u nid to ask CHC ppl... not me. -
Originally posted by Pinknutri:
Based on this logic, is it the murderer will not be guilty if the victim did not die and puts on weight at later part of his life?
one is only a murderer if some one has been murdered. -
Here's a press release from MCYS, dated last year.
Assuming nobody has stolen the money, did the board manage to fulfill all that the COC required?
PRESS RELEASE
GUIDANCE FOR CHARITIES ENGAGING IN BUSINESS ACTIVITIESBusiness activities must not put charities’ assets at risk
As part of a wider effort to help charities improve their governance, the Office
of the Commissioner of Charities has issued guidance for charities which are
engaging or intend to engage in business activities.
2 Some charities engage in business activities to generate additional income or
to provide goods or services for their members or clients. The guidance aims to
provide greater clarity to charities on when and how they may engage in business
activities. It also provides advice on when business subsidiaries should be set up to
conduct such activities.
3 Mr Low Puk Yeong, the Commissioner of Charities, said, “It is essential that
business activities do not undermine a charity’s focus or distract it from its
exclusively charitable purpose. In addition, they should not expose the charitable
assets to significant risk. ”
4 As with other investment decisions, it is the responsibility of a charity’s board
members to be prudent in making the assessment. “Ultimately, charity boards are
responsible for the proper use of their charities’ assets and resources, and are
accountable for their investment decisions,” added Mr Low. However, if necessary,
the Commissioner of Charities can direct a charity to cease funding or to terminate
its business activities, in order to protect its charitable assets.
The guidance is posted on the Charity Portal
<http://www.charities.gov.sg> for public reference.Issued by Office of the Commissioner of Charities
Ministry of Community Development, Youth and Sports
Date 22 July 2011 -
financing Sun Ho's music career
isnt it exposing the charitable assest to significant risk??
-
it's a downward spiral...
without pumping so much money into the sinking musik career, I dun think the Ho can even last tat long...
Ho makes Justin Bieber sings better
-
Times are bad.
-
times are bad
char no creativity
-
Originally posted by ^Acid^ aka s|aO^eH~:
it's a downward spiral...
without pumping so much money into the sinking musik career, I dun think the Ho can even last tat long...
Ho makes Justin Bieber sings better
I hate to say this, but at least Justin Bieber can make money for his record company.
-
btw, when is verdict ah?
-
Originally posted by Pinknutri:
Based on this logic, is it the murderer will not be guilty if the victim did not die and puts on weight at later part of his life?
Actually, in this case..... the murderer will not be guilty of murder. He will instead be put on trial for attempted murder.
If you want a better analogy, it would be this: if I steal money from you and return it to you later on with interest, I would still be a thief.
-
Originally posted by Honeybunz:
Here's a press release from MCYS, dated last year.
Assuming nobody has stolen the money, did the board manage to fulfill all that the COC required?
PRESS RELEASE
GUIDANCE FOR CHARITIES ENGAGING IN BUSINESS ACTIVITIESBusiness activities must not put charities’ assets at risk
As part of a wider effort to help charities improve their governance, the Office
of the Commissioner of Charities has issued guidance for charities which are
engaging or intend to engage in business activities.
2 Some charities engage in business activities to generate additional income or
to provide goods or services for their members or clients. The guidance aims to
provide greater clarity to charities on when and how they may engage in business
activities. It also provides advice on when business subsidiaries should be set up to
conduct such activities.
3 Mr Low Puk Yeong, the Commissioner of Charities, said, “It is essential that
business activities do not undermine a charity’s focus or distract it from its
exclusively charitable purpose. In addition, they should not expose the charitable
assets to significant risk. ”
4 As with other investment decisions, it is the responsibility of a charity’s board
members to be prudent in making the assessment. “Ultimately, charity boards are
responsible for the proper use of their charities’ assets and resources, and are
accountable for their investment decisions,” added Mr Low. However, if necessary,
the Commissioner of Charities can direct a charity to cease funding or to terminate
its business activities, in order to protect its charitable assets.
The guidance is posted on the Charity Portal
<http://www.charities.gov.sg> for public reference.Issued by Office of the Commissioner of Charities
Ministry of Community Development, Youth and Sports
Date 22 July 2011Here's something on engaging in business activities. It's 8-page long. So I am not pasting here. Go to the link to download the PDF to do your own reading.
http://www.charities.gov.sg/charity/charity/charityCMSFileDownload.do?id=155
-
Originally posted by Honeybunz:
Here's something on engaging in business activities. It's 8-page long. So I am not pasting here. Go to the link to download the PDF to do your own reading.
http://www.charities.gov.sg/charity/charity/charityCMSFileDownload.do?id=155
Got more interesting news or not?
Who wants to read these docs ?
-
how come Sun Ho not arrested ???
plus they live in Sentosa Cove and have 14 condos, right ?
i bet Sun Ho used some of the money to perk up her boobs, make her nipples pink and tighten her pussylips !
-
-
Whether or not is theft depends on eg: authority(whether implied or expressed), consent or whether there was claim of right on it and also perhaps deception.
I think they will mostly likely be in breach of board consent and approval. From link by HoneyBunz it is quite clear charitable organisations can participate in non-primary purpose activities as long as the primary charitable purpose is not tainted. Too many missing facts. So all just speculation.
-
Originally posted by fudgester:
Actually, in this case..... the murderer will not be guilty of murder. He will instead be put on trial for attempted murder.
If you want a better analogy, it would be this: if I steal money from you and return it to you later on with interest, I would still be a thief.
Ponder on this.
You are not suppose to lend the money, I borrow with your blessings and return it to you later on with interest. So how now? Who gets into shit?
-
There is justice ! Now churches will not dare to squander the money of their church members for the benefit of the pastors !
Unfortunately, this is still rampant in malaysia. Malaysian churches will continue to misuse funds for the richness of their church leaders because the law there is weak.
-
Originally posted by laurence82:
times are bad
char no creativity
Damn stressed.
-
Originally posted by mancha:
Ponder on this.
You are not suppose to lend the money, I borrow with your blessings and return it to you later on with interest. So how now? Who gets into shit?
Therefore, if you are offered the job as a finance manager of a singapore mega church, don't take up the offer !Because the pastor will brainwash you and make you sign blank checks for the pastor and his wife to buy nice house, sports car, outing at expensive restaurants, etc.
And when you are caught, you take all the blame. The worse part is you never took any of the benefits at all.
-
Originally posted by mancha:
Ponder on this.
You are not suppose to lend the money, I borrow with your blessings and return it to you later on with interest. So how now? Who gets into shit?
Simple. The lender gets into trouble.
If you know you are not supposed to lend money to others, then you shouldn't lend it out.
-
http://www.youtube.com/watch?v=AZHJlue6qCA
i am having a sore throat and cough when watching this. imagine i had a laff while sore in the throat and coughing.
real bad for the health
-
Originally posted by fudgester:
Simple. The lender gets into trouble.
If you know you are not supposed to lend money to others, then you shouldn't lend it out.
So now you get the idea why Kong Hee is so cockee.
-
'I've known Kong for about 20 years'
Indonesian who gave church $600,000 'love gift' says he's friends with City Harvest founder
CLOSE: (Left) Mr Wahju Hanafi (far left) with City Harvest Church founder Kong Hee. Mr Wahju (below) is the joint owner of a posh Sentosa Cove penthouse which Kong's family calls home. PICTURE:INTERNET
PASTORAL: Mr Wahju (in shades) see himself as a 'pastor' to his workers, Kong Hee said previously.
REPORT: KOH HUI TENG
JUST who is Mr Wahju Hanafi?He's an Indonesian business, a City Harvest Church (CHC) member and a long-time friend of church founder Kong Hee.
He is also the man who made a "love gift" to the church - a $600,000 donation to the church's building fund. The money was "intended for specific pastors and employees".
Mr Wahju's name cropped up in the Commissioner of Charities' statement on Tuesday, after an inquiry into financial irregularities at the church.
Where and how his donation was spent became part of the investigation.
Mr Wahju's name popped up again when The New Paper checked on Kong's last-known address.
Mr Wahju, 52, confirmed to TNP over the phone from Papua New Guinea (PNG) yesterday that he has a Sentosa property at Ocean Drive, but does not live there.
He said: "I've known Kong Hee for about 20 years. We're friends...
"I heard about what happened to him (on Tuesday) from reports."
But he did not answer when asked about how he felt upon learning of Kong's arrest.
By all accounts, Mr Wahju is a man of great wealth, with business interests spanning from California in the US TO Capetown in South Africa.
There's also the glass factory, PT The First National Glassware, in Jakarta, Indonesia, that he heads, and a 14-outlet supermarket chain, Super Value Stores, in PNG.
The supermarket managing director, who is based in PNG, flies to Singapore every month. He is married with four children.
Mr Wahju's childhood was reportedly tough.
Previous reports from CHC's newsletter Harvest Times said he had to borrow $500 from his father's business contact every month just to saty in school.
In 1978, when Mr Wahju was 18 years old, his girlfriend's brother (now his brother-in-law) offered him a job in PNG.
In 1986, at age 26, Mr Wahju opened the first Super Value Store retail outlet in Mount Hagen, PNG's third biggest city.
Today, the supermarket chain has more than 1,100 people on its payroll and is the main wholesaler for brands like Puma and Indofood.
Two of Mr Wahju's daughters help run the business.
"People find it hard to believe that we are one of the biggest companies in Papua New Guinea because half the time, I'm not even there," Mr Wahju had told Harvest Times in 2005.
"Yet everything still runs well. I credit this to God's grace and the excellent stewardship of my staff."
Mr Wahju's wife, whom he acknowledged for sharing his vision, is based in Melbourne, Australia.
"She handles all the properties," he said.
Kong had previously said of his friend, who joined the church in 1993: "Wahju started seeing himself not just an employer but a 'pastor' to his workers.
Shares Kong's sermons
"He use my sermons and shares biblical principles four times a week in his company."
While Kong has a high profile both inside and outside church circles, Mr Wahju is less known.
Of the five City Harvest churchgoers TNP spoke with, only one had heard about him.
A delivery assistant who wanted to be known only as Vince, 33, said Mr Vince, 33 said Mr Wahju appeared to be Kong's close friend.
"He usually goes up on stage and pastor Kong will interview him," he said.
According to him, the interviews tend to involve a suited Mr Wahju talking about how his business had been blessed because of the church.
Vince added: "To me, he was quite ordinary, except for the fact that he did a lot of business.
"I don't know what kind of business or how big, but I'm guessing it's a lot."
According to Harvest Times in 2007, Mr Wahju had over the years donated almost $6 million to the church.
He had made close to $30 million by then.
When asked about his Indonesian glass factory being mentioned in Kong's case, Mr Wahju sounded angry.
"I don't have to answer your questions," he replied.
News, The New Paper, Thursday, June 28 2012, Pg 6
-
*Yawns