Lioncity Media extracts/reports
By: Roadside Busybody
Coffeeshop old folks conversations, as they read up the media reports:
~ looks like they All knew what they were doing, yet hiding the true picture from church membeers of how the church fund was used. Now they are trying to deny their cover ups while on trial.
~ Kong Hee & committee passed on money from church fund to Xtron, then Xtron passed on to the stupid singer, then resulted in big loss. Then Xtron needed more money from church fund in order to repay the maturity of the stupid bonds.
~ then? They suggested Xtron to borrow money from bank to buy a property to lease to the church, in order to “repay” to the church fund… then Xtron needed more money from church fund to “beef up” its financial status in order to secure loan from the bank…
~ then? WTF!? One old folk shouted, i m lost liao la… you mean Kong Hee’s accountant and his committee are soooo good and innovative in managing Church Money?
More media coverage:
A wiseman walked by and commented, “didn’t you read from the media reports that pastor Kong Hee says whatever he decides on Crossover and Xtron matters he was based on professional (lawyers and auditors) advice?… and these professionals had vetted … who found nothing wrong.”
What’s readers think? Give your comments.