Sharing of common sense and wisdom…

Archive for September, 2013

Singapore City Harvest May Go Bust ?!


image

image

image

image

Singapore media extract

By:  Roadside Observer

CITYHARVEST DONATIONS DROPPING

According to media report, though the defence of City Harvest said that the loan to a company in bond buying IS SAFE  in order the fund could eventually go one full cycle and  used for supporting Sun Ho’s singing career; but the fact remains that after Kong Hee & gangs sham bond scam been exploded in public eye, the church’s Donation has dropped a lot!

According to media report, so much so that the executive body of the church now has to explain to its church members that all are “safe”…

The million-dollar question is, would CityHarvest eventually gone bust because of diversified borrowings from other financial institutions with very high interest rates (to cover urgent financial needs)? The gangs had to do that apparently was to try covering up the “biggest black hole” (root cause) created by a lousy pop singer’s US market attempt.

薄熙来之自我了断政治路和天道有眼!


image

image

新闻熱摘录  23 Sep 2013
— 唐山老伯

薄熙来是—个最笨的政治人物,当之无印良品!

即然要当老毛第二,可是却不夠精明和加上用人不当,还有—个王八老婆,不死几难?

完了,老薄,享用你的終身秦城酒店的VIP级吧。

BO XILAI Heading To Life Time “Communist Hotel Stay”


image

Media extract

Deserving Bo Xilai 薄希来 finally heading for his life-time cozy imprisonment, a pay-back to his abuse of power and corruption.

He is definitely the most stupid senior Communist party official of recent time.
He didn’t see what’s coming his way and dreamt of taking over the top post in Chinese Communist Party political bureau.

Good news.

Kong Hee Syndicate Hide Crucial Info From Auditor


image

Media extracts of Singapore

By:  Roadside Observer

Looks Like Kong Hee & Gangs Failed To Implicate Auditor Friend FOONG

THE trial of Kong Hee & gangs of Cityharvest enters the crucial stage, where Kong Hee syndicate almost managed to frame up their beloved Auditor friend, FOONG. 

Now that it is clear in court testament that it was Kong Hee and Tan Ye Ping together with their merrymen tried very hard to blame the whole world except themselves. 

image

image

image
Above: the way it goes, it will be One Stone Six (Jail) Birds instead!

So the big fish surfaces from the  muddy  water.  It appears that Kong Hee syndicate did siphoned the Church Building Fund for unauthorized use –  on a 3rd class  singer called Sun Ho…

Coffeeshop folks ask, “So now what?”
A wiseman casually says, “Send them to Changi Hilton for good. One stone Six birds!”

Cityharvest Auditor: GOD TOLD ME…


image

Singapore media reports extraction
By:  Roadside Observer @Coffeeshop

20 Sep 2013

Now They Push It To  God. Oh God!

The Singapore “Kong Hee Trial”, after several rounds of blame game among the accused and witnesses, now the game starts to roll over onto the God’s turf…

From the proclaimed “God says sorry to me…” (by pastor Kong Hee) to Eng Han’s “truthful to God” and now the church engaged auditor (and closed friend) starts to proclaim in court: God told me to speak to the judge… WOW!

image
The $2.4m question is: Did he actually gave such “questionable” advice to Cityharvest church committee and he fully aware that it is not right? If he didn’t, then why the Kong Hee gangs want to frame him?
Another question: God really spoke to him the night before ?!

image

image

image

Coffeeshop folks are thinking aloud:
Who knows, when the verdict comes the judge will proclaim: “God told me to… ”
Cityharvest Church ‘scam gangs’ and claimants, Watch Out!

Singapore Daily Hot News – Kong Hee & The Auditor Friend


image

image

Local hot news extracts   18th Sep 2013 WED

When Push Comes To Shove

According to media reports, friend or no friend, when things go really bad and involve jail term, blames start to fly around…

In court, media reports The “Gangs” trying to aim and shoot; the “auditor friend” tries to hide and evade. Interesting debates fill the court room.
image

image

image

image

The episode is full of disappointment, finger-pointing and breathing hot air in court room.

image

Summary of the case as follows:

image

“The Cat Is Out” PART 3 – Different Roles & Denial


image

LionCity local media extracts
By:  Roadside Observer @Coffeeshop

IS THE AUDITOR A CLOSED FRIEND?

FROM what the media has reported, it appears that one of the partners of auditing firm engaged by CityHarvest is a closed friend of Kong Hee.

However, as a witness to the trial, Foong denied everything he had said (or involved) with the audit process and audited report of the church.

Ask the coffeeshop people, they would say this,
–  as partner of the auditing firm engaged for the client (in his case, CityHarvest), how could Foong even provide his so called Personal Advice outside the audit process?!

–  in that context, as a partner of the auditing firm, was Foong tried to influence his client about the audit report outside the auditing firm’s responsibility and liability?

–  is that professional conduct expected of an auditing firm towards its client? I.e. playing different roles as partner of the firm toward a same client on a single audit case.

image

Roadside coffeeshop people are not experts to make professional judgment on the above questions. But, basing on common sense it appears to be a situation of mixing friendship with professional role (?)

image

image

Would more denial really help the partie(s) concerned to eventually evade from justice?
One thing for sure, Kong & gangs are trying to drag a few more (friends) into deeper  water besides Chew Eng Han… who knows.
But, would they bite?

“The Cat Is Out” PART 2 – Drawing Support From Professionals


image

image

Media extracts
By:  Roadside Observer

Proof of Credible Accounting Practices ?

The Cityharvest Kong Hee saga trial has progress steadily in line with what the prosecution wants to prove. That the church committee as a whole led by pastor Kong Hee had manipulated the church’s financial transaction records and aimed to mislead auditors in the process.

But strangely, why this Mr. FOONG an auditor who supposedly “guiding” the church committee in the past many years has been dragged out by Serina Wee “to prove a point”? Obviously Foong objected strongly about his “critical” advice to the Crossover Project as what Serina and Kong Hee have claimed.

It is interesting to see if the defending party has started to put up another ring of defences by drawing support of professionals such as auditors who were involved in auditing & advising on  Cityharvest accounts. However, the first of such professionals (Mr. Foong ) has apparently refused to be drawn in by Kong Hee’s gangs.

The biggest challenge  for Kong Hee & gangs including their very expensive lawyers remains, that lots of their internal communications (email, SMS, specific records) etc. are now in the hands of prosecution!  That puts the defending party in very defensive position really. Hence, they could only resort to denials and blame game.

image

The trial series are getting more entertaining when more witnesses take the stand.

image

“The Cat Is Out!” Why Chew Eng Han Quits The Church


image

image

image

image

Singapore media extracts
By:  Roadside Observer

CityHarvest Church Fund Scam – Start of Blame Game

Kong Hee’s gangs now start to push all dirty stuff to one of their accomplices, Chew Eng Han.

They all  “blame” him (Chew) for all the financing methods  of Crossover Project in which it was alleged that CityHarcest church fund was used (siphoned) for pastor Kong Hee’s wife on her singing career.

So, from the media reports of the trial in court, it is not surprising that Chew Eng Han got pissed off and quit the church all together in protest.

Another scenario according to some opinions, is that the scam gangs try to place most blames to only One Person so that the one person is willing to be a “sacrificial lamp” to save pastor Kong and the rest of the accomplices. 

Let’s see which of the above scenarios turns out to be real.

image

image

Above: The defending party continues with their claims and trying very hard to create illusions about “there’s nothing wrong” in MOVING church fund all over the place; yet now they further narrowing any such wrong-doing onto a single person… (as reported by local media).

一代宗师


image

image

狮城新闻讯息剪影 (中国也有报道)

11 Sep 2013

By:   老叔

驚人!此人竟然一代宗师的架势。。。

可惜!這人竟然引诱年龄十四岁的小少女上床練功!

Tag Cloud