Defence raises query over audit firm’s reversed decision on CHC transactions
- POSTED: 19 Sep 2013 20:16
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The trial of the six leaders of City Harvest Church continued on Thursday with the defence seeking to show someone of influence had reversed an auditing firm's initial decision to be more transparent about the church's transactions.
SINGAPORE: The trial of the six leaders of City Harvest Church continued on Thursday with the defence seeking to show someone of influence had reversed an auditing firm's initial decision to be more transparent about the church's transactions.
Defence counsel Kannan Ramesh, who represents one of the accused Sharon Tan, raised documents showing the auditing firm's Risk Committee had originally decided to reflect party-related transactions in the church's financial statement.
This was because the auditors had questions about the church's transactions with companies that were closely linked to it.
But in the end, the committee's suggestions were reversed.
Mr Ramesh asked prosecution witness -- accountant Foong Daw Ching -- if someone of influence had reversed the recommendations.
Mr Foong said he could not comment.
Earlier in the day, Mr Ramesh took the court through several documents to make the point that the church had to be discreet about their involvement in the Crossover Project for it to be successful.
The Crossover Project aimed to reach out to the secular world through the music of Sun Ho, wife of church founder Kong Hee.
In particular, Mr Ramesh referred to an email from the church's investment manager, Chew Eng Han, to co-accused Serina Wee and John Lam.
Chew said in the email he wanted to keep awareness about the investments the church is making to as small a circle as possible for fear of a backlash.
Mr Ramesh said that reaching out to the secular world is a sensitive issue, to which Mr Foong agreed.
Mr Ramesh also pointed out that the auditors hired by the church were monitoring its accounts closely and thoroughly.
Mr Foong agreed with this as well.
The trial continues.