City Harvest trial: Purchase of CDs 'doesn't mean they weren't doing well'
Published on Aug 8, 2014 11:21 PM
SINGAPORE - City Harvest Church may have spent about half a million dollars buying at least 32,000 copies of Ms Ho Yeow Sun's unsold CDs, but this did not necessarily mean they were not successful.
"The success of the CDs actually should be based on how well they're selling," said former church board member John Lam Leng Hung yesterday.
He gave the example that if a company had 120,000 CDs, sold 100,000 and had 20,000 left, "that doesn't mean it's not doing well. On the contrary, the sales can still be doing very, very well".
Lam and five others, including Ms Ho's husband and City Harvest founder Kong Hee, are on trial for allegedly misusing some $50 million of church funds.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here