CHC Trial

The prosecution highlights discrepancies between Chew’s and Lam’s statements to CAD; accuses Lam of making Chew a scapegoat.

检方为企图证明Firna债券的“虚假”性，严厉盘问被告林岭恒在其尽职调查上的明显疏漏，以及他“急于”在教会账目上将减值减到最低的努力。

In an attempt to show the “sham” nature of the Firna bonds, the prosecution grills defendant John Lam about the apparent lack of due diligence and his “anxious” efforts to minimize impairment in the church’s accounts.

John Lam explained to the court this morning how personal guarantees work, and why it was necessary to extend the maturity date of the Xtron bonds rather than rely on the personal guarantee.

在今天向林岭恒所作的交叉质询中，检方继续辩称林未向审计师及董事会成员据实以报，并且隐瞒资讯。

5 August 2014 – Summary of Day 2 of CHC hearing.

未销售的专辑以及未提及何清伟的个人担保成了检方今天下午对林岭恒进行交叉质询时的主要重点。

Unsold albums and lack of mention about personal guarantee by Wahju Hanafi formed the main points of the prosecution’s cross-examination of John Lam this afternoon.

检方提出的证据似乎显示建堂基金的资金调拨到跨界计划；林岭恒解释这为错误——何清伟本意一直都是资助跨界。