Just like the Papayas claiming that declaring assets to Ass Loon only is good enuff? Who are they trying to kid?
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Measures already in place, says church
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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->I REFER to Thursday's report, 'Charities review of seven religious groups'.
The article reported that New Creation Church (NCC) 'spokesman Matthew Kang said that as a result of the review, (Senior) Pastor Joseph Prince will not take part in discussions or vote in instances where there is a potential conflict of interest'. This quote is factually inaccurate.
NCC already has a conflict-of-interest practice. In fact, this practice and alternative checks and balances were already in place in NCC even before the Commissioner of Charities (COC) review. They did not occur 'as a result of the review'.
All along, our chairman has abstained from discussions and voting in the event of any conflict of interest, actual, perceived or otherwise. In fact, all other council members have also practised this.
In addition, before the COC review, our church's key management personnel had already practised an annual declaration of interests (positions and shares held) in organisations or businesses. Our key management personnel include council members, pastors and divisional managers. This same policy has been formalised and extended to all staff as well, after the COC review.
The article also addresses the general issue of loans to subsidiaries and related parties. Specific groups were not named but we wish to reiterate and assure our congregation members that NCC does not face this issue as we do not have loans owing from our subsidiaries and related parties.
As a church, we see this governance review initiated by the COC as a health check and we have truly benefited and learnt from it.
We believe corporate governance is not a means to an end, but an avenue by which we remain excellent and honourable.
Moving forward, we will stay vigilant and remain accountable as an organisation. We will implement what we have learnt from the findings, and continue to maintain our close working relationship with the COC's office and our external auditor, who will continue to guide us.
We will continue to remain transparent and accountable to our 17,000 church members who are our stakeholders. The outcome of this review will give our church members the continued confidence that things have all along been done properly.
How? Be declaring assets within the Familee?
Matthew Kang
Honorary Secretary
Church Council
New Creation Church
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Measures already in place, says church
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>
<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->I REFER to Thursday's report, 'Charities review of seven religious groups'.
The article reported that New Creation Church (NCC) 'spokesman Matthew Kang said that as a result of the review, (Senior) Pastor Joseph Prince will not take part in discussions or vote in instances where there is a potential conflict of interest'. This quote is factually inaccurate.
NCC already has a conflict-of-interest practice. In fact, this practice and alternative checks and balances were already in place in NCC even before the Commissioner of Charities (COC) review. They did not occur 'as a result of the review'.
All along, our chairman has abstained from discussions and voting in the event of any conflict of interest, actual, perceived or otherwise. In fact, all other council members have also practised this.
In addition, before the COC review, our church's key management personnel had already practised an annual declaration of interests (positions and shares held) in organisations or businesses. Our key management personnel include council members, pastors and divisional managers. This same policy has been formalised and extended to all staff as well, after the COC review.
The article also addresses the general issue of loans to subsidiaries and related parties. Specific groups were not named but we wish to reiterate and assure our congregation members that NCC does not face this issue as we do not have loans owing from our subsidiaries and related parties.
As a church, we see this governance review initiated by the COC as a health check and we have truly benefited and learnt from it.
We believe corporate governance is not a means to an end, but an avenue by which we remain excellent and honourable.
Moving forward, we will stay vigilant and remain accountable as an organisation. We will implement what we have learnt from the findings, and continue to maintain our close working relationship with the COC's office and our external auditor, who will continue to guide us.
We will continue to remain transparent and accountable to our 17,000 church members who are our stakeholders. The outcome of this review will give our church members the continued confidence that things have all along been done properly.
How? Be declaring assets within the Familee?
Matthew Kang
Honorary Secretary
Church Council
New Creation Church