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Wed, Apr 16, 2008
The Straits Times
Love Foundation, founder banned from fund-raising activities

THE Commissioner of Charities (COC) has banned Love Foundation (S) Ltd and its founder from conducting any fund-raising appeal for charitable purposes 'to protect public interest'.

The prohibition order comes into effect from Thursday.

A statement from the COC on Wednesday said the company is not a registered charity and the COC's office has received complaints of misrepresentation by its founder Jasons Lim Hua Tong, also known as Jaycen Lim, who is an undischarged bankrupt.

Love Foundation was set up as a company limited by guarantee in 2006 and, according to the company's website, its mission statement is to foster bonding and celebrate love within families.

'This company has organised a few fund-raising activities in the name of supporting charities. The COC's office has received complaints of misrepresentation by Jasons Lim,' said the statement.

In 2005, Jasons Lim pleaded guilty to a charge of being involved in the management of Jwinner Education Centre Pte Ltd while being an undischarged bankrupt, without leave of Court or the permission of the Official Assignee. This is an offence under the Companies Act. He was convicted and was fined $5,000.

The only director of Love Foundation is Jasons Lim's wife, who was not named in the statement.

As such, Jasons Lim Hua Tong and Love Foundation 'are not considered fit' to conduct fund-raising appeals for charitable purposes, said the COC.

The COC's office is also investigating into the fund-raising activities carried out by the company for possible violation of the Charities Act.


 
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