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This is the biggest case involving misconduct at a registered charity in Singapore.
Church funds amounting to at least $23 million were allegedly used to fund the secular music career of Kong's wife, pop singer Ho.
The case has been under investigation since 2010.
The others charged were: Tan Ye Peng, 39, vice-president of the church's management board; John Lam Leng Hung, 44, member of the management board; Chew Eng Han, in his 50s, the church's investment manager; and Sharon Tan Shao Yuen,
A SHOCKING revelation: The figure was more than twice the one given on Tuesday for the amount of funds allegedly misused by City Harvest Church leaders.
At yesterday's court hearing, deputy public prosecutor Christopher Ong read out a laundry list of misappropriated funds that added up to a staggering $50.6 million.
This dwarfs the $23 million reported after the five were arrested on Tuesday.