Jean-Jacque Lavigne testified that the church members were supportive of the Crossover Project and the bond transactions.
The City News Team
The City News Team
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何耀珊今日在庭上表示,可发行美国专辑完成跨界计划对她而言将是极大的荣幸。
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It would have been a privilege for her to complete the Crossover Project by launching the US album, Sun Ho told the court today.
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该名会计师最后一日出庭作证时坚持其说法:债券、预付租金许可协议和特别机会基金非虚假。
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15 May 2015 – Summary of CHC hearing.
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黄玉音驳斥检方立场,即预付租金许可协议为虚假,因为该协议“从来不为”预付租金而设,但这是被告提供资金赎回思创债券的方式。她解释赎回债券只是预付租金许可协议短期的用途。
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CHC TrialChurch & Missions
City Harvest Trial: Wee: ARLA Meant Ultimately For Rental; Interim Use For Bond Redemption
Serina Wee refuted the prosecution’s stand that the ARLA was sham because it was “never intended” to be advance rental but a way to provide funds for the redemption of Xtron bonds. She explained that the redemption of the bonds was an interim use of ARLA.
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CHC TrialChurch & Missions
City Harvest Trial: Bonds Redeemed To Solve Valuation Issue, Not To Avoid Scrutiny, Says Serina Wee
Impairment of the Xtron bonds was already in the previous year’s audit report, Serina Wee points out to the court today, refuting the prosecution’s suggestion that the accused were trying to avoid scrutiny from the auditors.
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黄玉音今天在庭上表示,拟定债券认购协议的律师都知道Firna债券收入将归还给何清伟偿还其股东贷款。这与检方所控诉的不同,检方认为这是“虚构的”。
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CHC TrialChurch & Missions
City Harvest Trial: Firna Bond Proceeds Used To Pay Off Shareholder’s Loan, Says Serina Wee
The lawyers involved in the bond subscription agreement knew that the Firna bond proceeds would go to repaying Wahju Hanafi for his shareholder’s loan. This was not “fictitious” as accused by the prosecution, said Serina Wee in court today.
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City Harvest Trial: Serina Wee Reiterates Her Case At End Of Cross-Examination
On her final day on the stand, the accountant maintained that the bonds, advance rental license agreement and Special Opportunity Fund were not sham.
黄玉音今日向法院指出:思创债券减损已列入前一年的审计报告,并驳斥检方建议即被告试图避免经过审计师审查。