Returns from 'sham bonds' paid for from City Harvest Church funds: Prosecution
PUBLISHED ONSeptember 05, 2013 5:08 AMByFeng Zengkun
SINGAPORE - The prosecution produced emails between several of the accused to show the "flow of funds" between the church's investment management firm AMAC Capital Partners and glassware manufacturer Firna, which had issued $11 million worth of bonds invested in by the church. AMAC is run by Chew Eng Han, one of the accused, and Firna is owned by long-time church member Wahju Hanafi. .
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