CHC Trial 18, September, 2014 (Day 76-Day 29 Tranche 5)

http://www.citynews.sg/2014/09/city-harvest-trial-sharon-tan-never-had-any-intention-to-cause-church-any-loss/

http://www.citynews.sg/2014/09/city-harvest-trial-cross-examination-emphasizes-genuineness-of-investments/

Hmmm, prosecution mentioned Sharon falsified the accounting entry to deceive the auditors.
Well, in reality, such an accounting entry of ARLA was actually advised by the auditor Foong Ai Fang.
Wouldn’t that refute prosecution’s case?

So, the real meaning of round tripping is the money goes in a cycle and then it is gone.
It does not seem there is any round-tripping, really, since no money was lost.

There was a relationship of trust between CHC and AMAC.
Indeed, this is understandable.
There is some kind of emotional bond among CHC members. That makes CHC a spiritual family~~~

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