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CHC trial: Audit manager not privy to investment details

The audit manager overseeing City Harvest Church's accounts testified on Wednesday that she had not been privy to details of bond investments or arrangements the church had made.

SINGAPORE: The audit manager overseeing City Harvest Church's accounts testified on Wednesday that she had not been privy to details of bond investments or arrangements the church had made.

The court heard from Mdm Foong Ai Fang of Baker Tilly that the six church leaders accused of misusing millions of the church's building fund had left out details of the investment in Xtron bonds.

Xtron is a firm that used to manage singer Sun Ho's music career.

The prosecution alleges that it is one of the firms used to cover up the misuse of church funds by Ms Ho's husband and church founder, Kong Hee, and his five deputies through "sham bond investments".

Mdm Foong, who was the liaison between the auditing team and the church, said that she had no clue when the bonds were redeemed or that arrangements were made for them to be redeemed.

The prosecution took her through several emails and minutes of meetings, as it sought to prove that the six church leaders provided little or left out key information to mislead auditors.

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