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Aiyoh, perhaps there really is such a thing as a Christian god or Buddhist karma? Am I turning into a believer? 
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City Harvest Church under investigation
- Thread starter RonRon
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I hear paper shredder machines have been sold by the dozens to Central Christian Church, New Creation Church, Baptist Calvary Church, etc.
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Some gays are stiring shits again...
Murder and pillage as witnessed and reported by gays, crippled, Blacks, native Americans or Taoists, etc must still be investigated!
ps: I find that your constant mentioning of gays at every instance (relevant or otherwise) speaks volumes for your own (confused?) sexuality.
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God loves women, amen :p:p:p:p
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As I expected. CHC have to much money until they don't know how to use it wisely. Every year income more than $100million come from idiots. If have too much money need to donate. There are many better way eg. buy shoping voucher and give it to poor family/elder. That way they can use it to buy food and clothes. Not to the church spend million $$$$ to build church and the pastor all drive luxury car and live in private landed property.
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The CHC morons, and NCC etc all led to believe they will drive luxury cars and live in landed property, have big biz thats why they have to bribe, eh...tithe to god 10% every month
...thats why they never oppose all these pastors cos they led to believe they will be living their idol's lifestlye
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Dear Church Family,
As you may be aware of the statement issued by the Office of the Commissioner of Charities (COC) and the Commercial Affairs Department (CAD) is looking into some financial transactions involving several individuals and companies related or connected to the church. This was revealed in a joint statement by the COC and the Singapore Police Force.
In the joint statement, the COC and CAD said: 'Notwithstanding the ongoing investigations, normal services and religious activities of City Harvest Church need not be disrupted and can continue for its congregations.'
We are cooperating fully with the investigation of the alleged allegations and pray that you will not be alarmed. CHC services and operations will continue normally. In the meantime, do keep the church in prayer.
Yours faithfully,
Ps. Derek Dunn
Rev. Derek Dunn
Executive Pastor
City Harvest Church
Corporate Offices: 8 Temasek Boulevard | #08-01 to 03 | Suntec Tower 3 | Singapore 038988
As you may be aware of the statement issued by the Office of the Commissioner of Charities (COC) and the Commercial Affairs Department (CAD) is looking into some financial transactions involving several individuals and companies related or connected to the church. This was revealed in a joint statement by the COC and the Singapore Police Force.
In the joint statement, the COC and CAD said: 'Notwithstanding the ongoing investigations, normal services and religious activities of City Harvest Church need not be disrupted and can continue for its congregations.'
We are cooperating fully with the investigation of the alleged allegations and pray that you will not be alarmed. CHC services and operations will continue normally. In the meantime, do keep the church in prayer.
Yours faithfully,
Ps. Derek Dunn
Rev. Derek Dunn
Executive Pastor
City Harvest Church
Corporate Offices: 8 Temasek Boulevard | #08-01 to 03 | Suntec Tower 3 | Singapore 038988
The CHC morons, and NCC etc all led to believe they will drive luxury cars and live in landed property, have big biz thats why they have to bribe, eh...tithe to god 10% every month
Agree, pastors like Kong Hee have probably forgotten their mission and role as a pastor when he starts enjoying the luxurious lifestyle. The main purpose of getting more people into the church is no longer to spread the words of God but rather to get more coffers into their accounts.
Luckily, not every pastors are like him.
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http://forums.asiaone.com/showthread.php?t=30149
This was a request in the other thread:
"Amfreeaccess,
A fellow forummer told me that the thread was thrashed and removed after you posted something about Xtron's account that in the balance sheet, the biggest expenditure (deferred expenditure) is the production of an album worth about $2 million??? .. the data is very material and we all know why .. who is producing album ..... and why this is under Xtron's account ... huh?
Can you post it again...perhaps in another thread .. just don't want this one to be thrashed too ...
Well looks like many skeletons are being hanged outside the closet recently ...
No wonder kong hee is not the person he is at the asia conference...poor chap.."
TODAY on 27 May 2010 reported on the Public Accounts Committee report issued yesterday. Three main factors attributed to the significant number of audit findings:
1 laxity in procurement and contract management
2 lack of rigour in scrutiny by the approving authorities
3 too light a touch in ministry-statutory board dealings
If the government is serious in making sure that all the government departments/agencies are above board, it should also apply that high standard to private sectors, especially in not-for-profit institutions and charity organisations relying on public funds.
In the CHC saga (thrashed) thread, we uncovered significant "unusual" outsourcing of the church's activities to a few familiar names like CKW, KSN and starting from 2007 CEH. Xtron Productions was incorporated in 2003 with a S$3 paid up capital. It has not been profitable from day 1.
As at 31 Dec 2007, negative networth was S$5.9 million, funded essentially by a tranche of unsecured bonds (drawndown amount was S$7 million) outstanding of S$5.2 million and non trade payables (owing to third parties) of S$2.01 million. Note the funding of the company came essentially from third parties. In the case of the unsecured bonds, AMAC was involved in structuring the bonds, and I would not be surprised to find the buyers of the bonds are offshore entities at tax havens like British Virgin Islands, and Isle of Man.
On the asset side, essential items are deferred expenditure of $5.2 million, $1.9 million non trade receivables and cash of $0.5 million. Deferred expenditure was noted to "refer to producers' fees & recording expenses incurred in producing a music album which is expected to be launched subsequent to the balance sheet date". Again note the high non trade receivables.
Subsequent to balance sheet date, an additional S$14.5 million bonds were issued, obviously to buy a commercial property at R... for S$17.55 million. The shortfall of roughly about S$3 million should be financed by a loan from Standard Chartered Bank, as there is a charge filed at ACRA. According to what my friend told me, this commercial property is rented to an affiliate of the group.
Coming back to the music album, I find it a bit coincidental that here:http://www.konghee.com/www/2009/09/w...e-shallowness/, Kong Hee wrote that his lovely wife released a music video China Wine in 2007, as a result of a creative collaboration with the reggae wunderkind Wyclef Jean.
Lastly, the balance sheet for year ending 31 Dec 2007 was finalised only in mid 2009, 1.5 years after the actual closing. There must have been a lot of accounting issues to be agreed on. This is only the balance sheet description, and if this thread survives, we will see what more we could find out.
This was a request in the other thread:
"Amfreeaccess,
A fellow forummer told me that the thread was thrashed and removed after you posted something about Xtron's account that in the balance sheet, the biggest expenditure (deferred expenditure) is the production of an album worth about $2 million??? .. the data is very material and we all know why .. who is producing album ..... and why this is under Xtron's account ... huh?
Can you post it again...perhaps in another thread .. just don't want this one to be thrashed too ...
Well looks like many skeletons are being hanged outside the closet recently ...
No wonder kong hee is not the person he is at the asia conference...poor chap.."
TODAY on 27 May 2010 reported on the Public Accounts Committee report issued yesterday. Three main factors attributed to the significant number of audit findings:
1 laxity in procurement and contract management
2 lack of rigour in scrutiny by the approving authorities
3 too light a touch in ministry-statutory board dealings
If the government is serious in making sure that all the government departments/agencies are above board, it should also apply that high standard to private sectors, especially in not-for-profit institutions and charity organisations relying on public funds.
In the CHC saga (thrashed) thread, we uncovered significant "unusual" outsourcing of the church's activities to a few familiar names like CKW, KSN and starting from 2007 CEH. Xtron Productions was incorporated in 2003 with a S$3 paid up capital. It has not been profitable from day 1.
As at 31 Dec 2007, negative networth was S$5.9 million, funded essentially by a tranche of unsecured bonds (drawndown amount was S$7 million) outstanding of S$5.2 million and non trade payables (owing to third parties) of S$2.01 million. Note the funding of the company came essentially from third parties. In the case of the unsecured bonds, AMAC was involved in structuring the bonds, and I would not be surprised to find the buyers of the bonds are offshore entities at tax havens like British Virgin Islands, and Isle of Man.
On the asset side, essential items are deferred expenditure of $5.2 million, $1.9 million non trade receivables and cash of $0.5 million. Deferred expenditure was noted to "refer to producers' fees & recording expenses incurred in producing a music album which is expected to be launched subsequent to the balance sheet date". Again note the high non trade receivables.
Subsequent to balance sheet date, an additional S$14.5 million bonds were issued, obviously to buy a commercial property at R... for S$17.55 million. The shortfall of roughly about S$3 million should be financed by a loan from Standard Chartered Bank, as there is a charge filed at ACRA. According to what my friend told me, this commercial property is rented to an affiliate of the group.
Coming back to the music album, I find it a bit coincidental that here:http://www.konghee.com/www/2009/09/w...e-shallowness/, Kong Hee wrote that his lovely wife released a music video China Wine in 2007, as a result of a creative collaboration with the reggae wunderkind Wyclef Jean.
Lastly, the balance sheet for year ending 31 Dec 2007 was finalised only in mid 2009, 1.5 years after the actual closing. There must have been a lot of accounting issues to be agreed on. This is only the balance sheet description, and if this thread survives, we will see what more we could find out.
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Nah. God loves everyone but is just and punishes as necessary. Sodom and Gomorrah cities were more than just a bunch of gay gatherings. Furthermore they went after Abraham who was designated to carry His mission. Else, you can sing "Sulphur Rain" to all the gays in the world.
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Sounds like God is the Devil himself. LOL!...
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Almost, but not quite. The Devil was God's Archangel.
