Defence lawyers and the prosecution team wrapped up their submissions yesterday.
Come May 5, Chief District Judge See Kee Oon will decide if the defence has a case to answer.
It was always going to be a complicated case with terms like round-tripping and sham bonds thrown up in court.
And with countless e-mails and reams of documents pulled up as evidence, the prosecution had to piece together a picture of sophisticated criminal intent.
But that attempt to piece together the evidence prompted defence lawyer Kenneth Tan (representing board member John Lam) to earlier say that the evidence cited was so disparate that the judge "has been asked to draw dots or to colour places which are gaps".
In the prosecution's submissions yesterday, Chief Prosecutor Mavis Chionh connected the dots in an attempt to show that church leaders had committed wrongdoing.
1 Few knew
There were a number of contradictions about the relationship between Xtron, pop singer Sun Ho's former management company, and City Harvest Church (CHC).
Xtron had issued the bond investments. But e-mail exchanges showed CHC founder Kong Hee, his No. 2 Tan Ye Peng, investment manager Chew Eng Han and former finance manager Serina Wee - people with no official positions in Xtron - were "deciding what is going to happen to the bond proceeds and how the money is going to be used", Ms Chionh said.
Only a limited circle knew about the bond details, Indonesian tycoon Wahju Hanafi's guarantee and its counter-guarantee. The board was also kept in the dark about a secret letter, drafted to assure Mr Hanafi's father-in-law.
"The totality of the evidence taken together" was enough to call for the defence to answer the sham bond charges, Ms Chionh said.