CHC tried to hide S$4.79 million used to pay for Sun Ho's music albums

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Church monies to the tune of S$4.79 million were used to meet expenses related to Sun Ho's music albums, and this was something the church leaders had tried to hide, said the prosecution in the trial of City Harvest Church leaders on Tuesday (Aug 5).

Ms Ho is the wife of City Harvest Church founder Kong Hee - one of six church leaders accused of using church money to buy sham bonds in order to fund her secular pop music career. One of the companies the church invested in was Xtron, Ms Ho's artiste management firm.

The prosecution said the church leaders wanted to use the Xtron bond proceeds to cover up the fact that they had already used up the church's advance rental monies to pay for Ms Ho's album-related expenses. This was not in the bond subscription agreement.

An email showed the church's former finance manager Serina Wee suggesting that the cost of paying back the rental monies be hidden under a travelling and salary cost in the use of proceeds clause in the agreement.

The prosecution has charged that payments between the church and Xtron was essentially moving money from one pocket to another. Its case is that the bonds were merely a device to funnel money from the church's building fund into Xtron to be used for the church's Crossover Project. Fronted by Ms Ho, the project was the church's way of evangelising through pop music.

Despite projecting album sales of S$16 million in 2011, and S$23 million in 2012, Xtron was not a profitable company, and Sun Ho's music albums were losing money.