The founder of a popular Singapore church has been found guilty of misappropriating about $35 million in donations to support his wife’s singing career in Asia before helping her break into the U.S. market for evangelisation purposes.
Singapore church head guilty of embezzling $35 million
Kong Hee misappropriated funds in forms of donations to support his wife’s singing career in Asia.
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Kong Hee, the founder and senior pastor of City Harvest Church, was found guilty on Wednesday with five other church leaders of stealing 24 million Singapore dollars ($17 million) designated for building and investment-related purposes through sham bond investments. The State Court also found that they used another 25 million dollars ($18 million) to hide the first embezzlement from auditors.
No date for sentencing has been set yet. The penalty for criminal breach of trust is a maximum of life sentence.
Credit: thehindu.com
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