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$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.

Read the full report in our print edition on Aug 6. Subscribe to The New Paper, now available in print and digital, at http://bit.ly/tnpeshop.

Tags: serina, sun and city

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