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City Harvest Church forgives $26.5 million debt by former member Chew Eng Han and his firm
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City Harvest Church sued former fund manager Chew Eng Han and his investment firm AMAC Capital Partners in 2014 for investments that were not returned to the church.
ST PHOTO: KEVIN LIM
Yuen Sin, Theresa Tan
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SINGAPORE - City Harvest Church has decided to write off a $26.5 million debt owed by its former fund manager Chew Eng Han and his investment firm AMAC Capital Partners.
The church in 2014 sued Chew and AMAC for investments that were not returned to the church but decided to stop all efforts to recover the money and give up all rights to the sum after it called for an extraordinary general meeting on July 23 this year.
