EVEN with a $50,000 loan to repay, a personal assistant to Buddhist monk Ming Yi continued spending beyond his means. Raymond Yeung, 34, took the loan from Ren Ci Hospital in May 2004. In February 2005, his credit card bill exceeded his monthly salary of $4,700.
At his trial on Tuesday for improprieties regarding the loan, the prosecution argued that such behaviour showed he was lying when he told the court that he fully intended to pay back the money.
In fact, Yeung made good on the loan - in 2007 - only because Ernst & Young auditors appointed by the Ministry of Health had begun investigating the charity. Grilled on the stand for the fourth day about his dealings with money, Yeung denied it.