Weeds do not need any help to grow. But to have a beautiful garden requires hard work!
Monthly Archives: July 2013
City Harvest Case part 2: If There is a Fraud What Would be the Motives?
As already mentioned in my previous post “City Harvest Case Part 1: Following God or Mammon?“, the COC and the prosecution claim that at least SGD 24 millions were illegally diverted from the church building fund and channelled to finance Sun Ho’s attempt to breakthrough on the Hollywood music scene. In order to find out whether there could be any real substance (or not) in the allegations made against the CHC leaders, I will explore this case using a well-tested and recognized Fraud Risk Management Analytical Framework: The Fraud Triangle. Continue reading
City Harvest Case part 1: Following God or Mammon?
The start of the City Harvest Church (CHC in short) trial on the 15th of May after 2 years of investigations which saw the church senior pastor and founder, Kong Hee and 5 other leaders of the church being prosecuted for allegedly misusing church’s funds, has brought back under the spotlight the issue of the sensitive relationship between Religion and Money. Continue reading
Food for thoughts.. “As Long as the tide is up, You can swim naked!”
A lot of people and organizations think they are taking risks and managing them effectively because ‘on the surface’ (revenues, short-term profits) everything appears to look good!. Unfortunately, it is only during a crisis that they will find out too late that they are ‘naked’.