Rich Mega Churches Pass Governance Review Woh!

[makapaaa]

Serious flaws found but still pass them! Who will dare to touch them when the elite civil snakes are members?

Seven major charities in Singapore pass governance review
By Hoe Yeen Nie, Channel NewsAsia | Posted: 10 September 2008 1716 hrs
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SINGAPORE : The Commissioner of Charities (COC) has given a clean bill of health to seven major charities in Singapore.

They are - Campus Crusade Asia; City Harvest Church; Faith Community Baptist Church; Kong Meng San Phor Kark See Monastery; Kwan Im Thong Hood Cho Temple; New Creation Church; and Trinity Christian Centre.

These organisations were selected based on their total annual income, which exceeded S$10 million a year.

The COC said there are areas found wanting. Firstly, some of the charities still have paid staff chairing their boards, and COC said this may compromise the board's objectivity.

It acknowledged that the separation of board and executive roles is not always practical, as in the case of religious charities. But it said more measures can be put in place to manage problems that may arise, such as formalising a conflict of interest policy.

The review also noted that charities should have a loan policy and seek proper approval of all loans.

At present, charities are allowed to extend loans if they are in line with their charitable purposes. But some loans had been given without the documented approval of the charity's board.

Proper documentation should also be made for any donations made by the charities. The COC said the charities should spell out the application requirements, evaluation criteria and approval limits relating to the donation.

They should also ensure that the external parties use the donations for the stated purposes.

The boards of the seven charities have committed to plug these governance gaps and will submit a progress report by the end of the year. - CNA /ls

 

[Wobble]

all i can remember is $55m...$40+ million....piang

 

[super69lover]

objectives for these organisations is to make money not to spread religion teachings.

will starting up a church, mosque, temple etc be the new trend in singapore?

 

[Wobble]

Leongy should start one...propagating the flesh......a lot will flock to him

 

[silverspoon]

leong nowadays very hard to see him in the forum.....when first start up can see him in almost every thread.....now hard la

 

[TeeKee]

Serious flaws found but still pass them! Who will dare to touch them when the elite civil snakes are members?

psst...neber heard of God?

 

[Wobble]

god of fortune yes...others are all quacks...

 

[hungary fighter]

Leongy should start one...propagating the flesh......a lot will flock to him

isn't the other forum already one........

 

[TeeKee]

Serious flaws found but still pass them! Who will dare to touch them when the elite civil snakes are members?

what about God?

 

[saratogas]

Those 5 mega $RICH$ Churches must have VVIPs in them ... err Ministers?

 

[Jah_rastafar_I]

Wah all 3 mega churches pass. CHC. NCC and FCBC.


So means they are clean???

 

[kakowi]

.....

It acknowledged that the separation of board and executive roles is not always practical, as in the case of religious charities. But it said more measures can be put in place to manage problems that may arise, such as formalising a conflict of interest policy.

....

The Commissioner of Charities need to have the courage of their own convictions.

Their original premise that the executive role must be segregated from the board role is meant to prevent a repeat of the episode whereby TT Durai exerted, as the audit shows, immense control over how the money was spent.

Such an original premise will lead to greater accountability as well as endorsement of how the money is spent. And prevent an abuse of funds. As well as an abuse of trust.

By making an exception to their original premise, the whole governance process is weakened.​

The Commissioner of Charities has far more information than the normal citizen or even churchgoer.

But since the Commissioner of Charities make such a conclusion, it is hoped that they will continually check to see if they had indeed made the right one.

 

[Jah_rastafar_I]

Just upping this thread in view of the chc scandal.

Looks like 1 down 6 more to go?

 

[commoner]

Serious flaws found but still pass them! Who will dare to touch them when the elite civil snakes are members?

what about God?

you mean your idol Kong Hee or Joesph Prince is God is it? Siao