CHC Trial
This morning in court, John Lam explained the “comfort letter” and his discussion about the amended Xtron bond with Sim Guan Seng, CHC’s audit engagement partner in 2009.
In court today, defendant John Lam explained the limited extent to which he was involved in Xtron and Firna bond matters.
Senior counsel Kenneth Tan establishes a timeline of events leading to the second Xtron bond subscription agreement.
Defendant John Lam testifies that provisions were made for church’s board members to have complete details about the Xtron investments, including using them to fund the Crossover Project.
14 July 2014 – Summary of Day 1
The first defendant, John Lam, took the stand this morning, explaining the spiritual purpose of Crossover Project, which is at the center of the trial.
The court calls the six accused to present their defense in the CHC case.
5 May 2014 – CHC “no case to answer” ruling.
9 April 2014 – Summary of Day 2 of CHC “no case to answer” submission.
CHC Trial: Defense Reminds Court Church Money Was Used For Church’s Purpose; Suggests Prosecution Has Not Satisfied Charges
The defense continued this afternoon to press for “no case to answer”, citing missing elements of entrustment and dominion, coupled with the mysteries surrounding the FIR and the inability of the prosecution’s witnesses to testify of the “sham” aspect of Xtron bonds.
8 April 2014 – Summary of Day 1 of CHC “no case to answer” submission.