CHC Trial
While it was true that Xtron’s increased retainer fees and the transfer of its expenses to the church was meant to cover its deficit, the transactions had to be legitimate and reasonable, says Kong Hee.
The prosecution asks who made the ultimate decision when it came to financing of the Crossover Project. Kong replies that he carried out the legwork, strategizing, execution and budgeting, but the final decision was for the Xtron directors to make.
19 August 2014 – Summary of Day 12 of CHC hearing.
This afternoon in court, Kong Hee recalled the Biblical direction of the Crossover Project that he had shared with executive members in 2002.
In the closing of his cross-examination of Kong Hee today, former fund manager for City Harvest Church put forth 10 submissions to his former pastor.
In the closing of his cross-examination of Kong Hee today, former fund manager for City Harvest Church put forth 10 submissions to his former pastor.
This morning, former City Harvest fund manager Chew Eng Han concluded his cross-examination of his former senior pastor Kong Hee.
No points addressing the charges against the accused were brought up in court today by Chew Eng Han, who launched “in-depth into an attack on matters that are not relevant to the charge and … mens rea that is required in the charge.”
Chew Eng Han had a change of heart about the Crossover Project in 2013 after being charged. This morning he worked hard to discredit the project he previously championed.
15 August 2014 – Summary of Day 10 of CHC hearing
Defendant and former church fund manager Chew Eng Han contests Kong Hee’s evidence that his fund management firm was the one responsible for making decisions about the church’s investments.
Discretion had to be shown when it came to the financing of the Crossover, hence a separate business entity had to be set up.