CHC Trial
06 February 2015 – Summary of CHC hearing.
CHC Trial
-
The court heard that legal documents were signed at the inception of Xtron bonds; extension of bond maturity dates was not due to absence of genuine legal obligations but the delay of album launch.
-
CHC TrialChurch & Missions
City Harvest Trial: Chew: I Was Only “Investment Advisory” For Xtron Bonds
Chew Eng Han claimed he considered his role regarding Xtron bonds as “investment advisory”, not “investment manager”. He was also accused by the prosecution of “abusing the full discretion AMAC had” over CHC’s investments.
-
Chew Eng Han’s testimony in court showed his role could have been bigger in matters he has claimed little involvement in.
-
The prosecution cross-examines former fund manager Chew Eng Han on matters regarding the Roland Poon incident and the relationship between CHC and Xtron.
-
30 January 2015 – Summary of CHC hearing.
-
Chew Eng Han agreed with senior counsel Edwin Tong that Sun Ho’s chart successes had nothing to do with the church buying back her albums.
-
CHC TrialChurch & Missions
City Harvest Trial: Chew Defends His Actions As Fund Manager As “Common Market Practice”
Former church fund manager defends the legality of his structuring of the “sham” bond investments and ARLA transaction.
-
On his second day on the stand, Chew Eng Han raised issues already dealt with at length over the course of this trial, providing his own take.
-
City Harvest Church’s former fund manager, Chew Eng Han began his testimony by rationalising the bond investments he created, which he says are not sham.
Auditor Foong Daw Ching had “coached” accused on the proper and legal ways to do things while achieving the church’s aim of being discreet, testifies Chew Eng Han.
CHC TrialChurch & Missions
City Harvest Trial: Relationship Between Xtron And CHC “Out Of This World”
Whether Xtron was controlled by City Harvest Church has been an on-going conundrum even before investigations into the case started, Chew Eng Han claimed.