$5m meant for hall rental used for Sun Ho's music
After diverting close to $5 million meant for the rental of a Singapore Expo hall towards Ms Ho Yeow Sun's singing enterprise, Xtron needed money to cover the rental fees.
Though City Harvest Church (CHC) had bought $13 million of Xtron bonds, the proceeds could not be used to pay the rent.
So Serina Wee, who is among six CHC leaders on trial for misusing more than $50 million of church money through sham bonds, thought of a plan: Use the bond money to pay the rental and disguise its use under a "travelling and salaries" section.
The prosecution revealed on Tuesday that these details were in an e-mail sent by Wee to the church leaders.
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