By Kalinga Seneviratne* | IDN-InDepthNews Analysis
The guidance note on Anti-Money Laundering and Countering of Financing of Terrorism helps charities familiarize themselves with how they may protect themselves from potential abuse related to money laundering or terrorist activities.
SINGAPORE (IDN) – Over the centuries, all great religious leaders and philosophers, including Jesus Christ, have drawn attention to the evils of excessive greed and taught honesty and integrity to overcome it. The guilty verdict by a Singaporean court in October, convicting six leaders of a large Christian Evangelical Church in a 36 million U.S. dollar fraud case, has raised question marks on whether so-called Mega Churches with thousands of devout followers generously donating to their coffers are a business or a religion?