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Head of Ren Ci Hospital arrested; who can we trust nowaday
Topic Started: Jul 15 2008, 12:10 PM (142 Views)
cjng
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Emeritus Alphadslr Official Passerby~shooting badly since 2004 and continuing

Head of Ren Ci Hospital arrested
http://www.asiaone.com/News/AsiaOne%2BNews/Singapore/Story/A1Story20080715-76653.html

Quote:
 
THE long-time head of Ren Ci Hospital, the Venerable Ming Yi, was arrested yesterday and stepped down from all his positions at the charity, according to a report by The Straits Times

He posted police bail of $200,000 last night and left the Commercial Affairs Department at the Police Cantonment Complex at about 11pm after giving his statement. He was wearing his monk robes.

The Straits Times said that the arrest comes five months after he went on long leave when the police were asked to probe the charity's finances.

The Health Ministry found 'possible irregularities' in Ren Ci's books after an audit.

At the heart of the issue were questionable loans made by the hospital, amounting to several million dollars. Some of these loans were allegedly given to companies with links to the Venerable Ming Yi.

There were also loans given to a helper with the charity as well as investments made over the years in his name.

As a result of the probe, Ren Ci lost the right to grant its supporters tax exemption for donations.
[/b]
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Hello CZ! bye bye G!
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yokechye
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Shoot for Passion, Passion to Shoot
crap... wats next?
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myphotoshop
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who ask u put trust in a man in the first place ?

he is still a human at the end of the day.
Edited by myphotoshop, Jul 15 2008, 02:21 PM.
"PHOTOSHOP" helping the ugly since 1988
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way2see
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Sadly, all charities have to be run by humans... perhaps when a board is in charge instead of a single person, less temptations will come?
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Quiet please... Let the picture tell its story...
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yokechye
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psccy
Jul 15 2008, 04:15 PM
Sadly, all charities have to be run by humans... perhaps when a board is in charge instead of a single person, less temptations will come?
board? u still need a chairperson isnt it.... all back to square one... even TV charities programmes, i nv donate a single cent... coz bulk of it goes to the running of the show
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Ming
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:sweat: So much for Charity ... :notmyday:
Ask ... Absorb ... Equip ... Execute
N E X with M I N G HERE ! A P - Ming HERE ! Macro-Ming HERE ! Pano-Ming HERE ! Food ! Food ! Foods ! HERE
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ongl
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Let's wait for the reports to come out. Sometimes, it is really not a grave mistake but a procedural issues.

The NKF giving an IT contract that went bust is a big mistake, but if the project to go on and successful, it is a different story (although procedural wise is still wrong)
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