Chew Eng Han continued to rebut the prosecution’s claims that the ARLA was sham.
Tan Ye Peng
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周英汉不接受检方企图断言预付租金许可协议(Advanced Rental Licensed Agreement)和投资特别机会基金(Special Opportunities Fund)为虚假。
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CHC TrialChurch & Missions
City Harvest Trial: Investments Are Defined By Expected Returns, Not Process, Says Chew
Chew Eng Han fought the prosecution’s attempts to determine that the Advance Rental License Agreement and the Special Opportunities Fund were sham.
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CHC审讯进入第100日,检方的控诉越发明确。其主要论点之一乃被告因为从来不信债券可赎回,因此债券必为虚假。
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今日审讯延续,由检方继续盘问教会前基金经理周英汉——他坚持他所建构的债券合法,审计师同样对此知情。
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Court proceedings resumed today with the prosecution’s cross-examination of former church fund manager Chew Eng Han, who maintains the legality of the bonds he constructed and the auditors’ knowledge of it.
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06 February 2015 – Summary of CHC hearing.
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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.
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周英汉宣称他在思创债券事宜扮演的角色为“投资顾问”而非“投资经理”。检方也控诉他滥用AMAC在CHC投资上所拥有的自行斟酌权。
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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.
City Harvest Trial: Did The Defendants Genuinely Believe The Bonds Could Be Redeemed?
On the 100th day of the CHC trial, the prosecution’s case becomes clearer. One of its key points is that it thinks the bonds were sham because the accused never believed the bonds could be redeemed.
庭上证据显示思创刚发行债券时就已签署法律文件;延后债券到期日是因专辑发行日期延误,而不是因债券欠缺真实的法律责任。