City Harvest Trial: Trustee had not seen documents linked to church's investment
A trustee of the City Harvest Church responsible for managing its assets said on Friday that he had not seen several documents related to the church's investments.
This, however, was not unusual as the trustees had given an investment firm the power to negotiate and sign agreements on their behalf, he said.
The documents were related to financial transactions which are at the heart of the ongoing criminal trial against church founder Kong Hee and five of his deputies.
The six were charged last year with conspiring to cheat the megachurch of about $50 million in total. $24 million was allegedly misused to finance Kong's wife Ho Yeow Sun's music career, and another $26 million purportedly taken to cover this up.