8 August 2014 – Summary of Day 5 of CHC hearing
Tan Ye Peng
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Defendant John Lam concludes his time in the witness box today.
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副检察官蒋诗琪今天下午依据教会前基金经理周英汉所呈上的新证据抛出一些出人意料的建议,引起辩方团队强烈抗议。
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检方强调周与林为商业事务局录制的口供之间的差异,并指控林让周作代罪羔羊。
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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。
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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.
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林岭恒今早在庭上解释个人担保的使用方式,以及为何需要延长思创债券到期日,而非依赖个人担保。
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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。
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5 August 2014 – Summary of Day 2 of CHC hearing.
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CHC TrialChurch & Missions
CHC Trial: John Lam: “False” Entries Not What Prosecution Makes It Out To Be
Prosecution continues to defend its claims of misrepresentation and concealment of information from auditors and board members in cross-examination of John Lam today.
CHC Trial: DPP Questions Ex-Board Member’s Interest In Protecting The Church
The prosecution highlights discrepancies between Chew’s and Lam’s statements to CAD; accuses Lam of making Chew a scapegoat.
CHC Trial: Personal Guarantees Are Meant As A Last Resort, Says Defendant Lam.
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.