26 September 2014 – Summary of CHC hearing.
Author
The City News Team
The City News Team
-
检方控诉Firna董事无法支配资金，因为赎回Firna债券的资金出自教会。
-
CHC TrialChurch & Missions
City Harvest Trial: Wahju Hanafi Made Independent Decision, Says Sharon Tan
Prosecution alleges that the Firna director had no control over funds, as the funds to redeem the Firna bonds came from the church.
-
CHC TrialChurch & Missions
City Harvest Trial: Bond Redemption Plan Aimed To Resolve Audit Issues, Sharon Tan Explains
The finance manager tells the court that the redemption of the Xtron and Firna bonds was done to resolve audit issues and not to “create appearances”.
-
检方控诉预付租金许可协议主要目的为赎回债券；陈绍云反驳其指控并坚持此乃缴交给思创的真实预付租金。
-
Countering prosecution’s charge that the ARLA’s primary purpose was for the redemption of bonds, Sharon Tan maintained that it was a geniune prepayment for Xtron.
-
该财务经理维持辩方立场：赎回教会债券投资的计划是在Baker Tilly审计师沈元成告知被告方“将债券从帐簿中清除”后执行，尽管检方控诉实情并非如此。
-
财务经理表示，Firna债券的讨论与商酌没有记录下来因为董事授权AMAC决定如何进行投资。
-
Finance manager says discussion and deliberation of Firna bonds were not minuted because discretion had been given to AMAC to invest.
-
23 September 2014 – Summary of CHC hearing.
About The City News Team
Here are my most recent posts
该财务经理在庭上表示，赎回思创与Firna债券实为解决审计问题而非为“制造假象”。
CHC TrialChurch & Missions
City Harvest Trial: Auditor Wanted Bonds Off The Books, Sharon Tan Testifies
The finance manager maintains the defense’s position that plans to redeem the church’s bond investments came after Baker Tilly auditor Sim Guan Seng told the accused parties to “clear the bonds off the books”, despite the prosecution’s accusation that this is untrue.