More emails produced by the prosecution suggest that Foong Daw Ching may have been more involved in Xtron’s financial matters than he admitted to.
A draft audit report for Xtron was the main subject of questioning this afternoon, as deputy public prosecutor Mavis Chionh attempted to find out how much influence Foong Daw Ching actually wielded over the final draft.
As DPP Chionh pointed out differences in the draft audit report and the eventual report, it seemed that some proposed amendments had been implemented, contrary to what CHC’s audit manager, Foong Ai Fang had advised.
In one instance, the draft version stated the original purpose of the Xtron bond proceeds, which was to produce, distribute and market music albums, among other things, but the audit report made no mention of it.
DPP Chionh then produced another email between Wee and Ai Fang. In it, Wee stated that she had spoken to Foong Daw Ching, who told her to clear issues with the audit manager (Ai Fang) first. If need be, he would then step in and speak to Ai Fang.
Again, Foong said that he could not recall any involvement on his part regarding the amendments.
As the hearing proceeded onto the topic of the prepaid license agreement, DPP Chionh showed the court an email from Sharon Tan to Kong Hee and several other individuals exploring the idea of CHC buying over Xtron’s Riverwalk property.
According to the email, Tan stated that CHC’s engagement partner at the time, Mr. Sim, had informed her that “Bro Foong” told him that the license agreement between CHC and Xtron had been rescinded and reversed.
On the stand, Foong said that he had no idea of the license agreement. He also said that he could not recall any discussion with Sim regarding it.
Given new documents that the prosecution has decided to tender, court ended early today with the continuation of examination-in-chief on Monday.
Court resumes on Monday at 9:30 am.
中文报道 – CHC审讯：思创审计报告之修改是由谁核可的？