Mismanagement of UK Church Funds Behind Pastor Chris And Anita's Marriage Troubles?

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Money problems may be behind the imminent breakup of the marriage between popular mega-church pastor, Chris Oyakhilome, and his wife, Anita. According to a new report on Premium Times, the United Kingdom Charity Commission is investigating the UK branch of Christ Embassy over controversial payments. The United Kingdom Charity Commission has launched a probe into the transfer of at least N941 million (£3.6 million) by the church to overseas entities between 2008 and 2012.In a statement on Wednesday, the Charity Commission said it has opened a statutory inquiry to investigate Christ Embassy over “a number of serious concerns relating to the use of charitable funds, in particular large connected party payments and the potential misapplication of grant funding.”According to the Charity Commission, which is the regulator of charities in England and Wales, statutory inquiries are only opened to investigate “the most serious” regulatory breaches.The commission said the purpose of the inquiry is to “determine whether there has been any mismanagement or misconduct on behalf of the charity trustees; to establish whether charitable funds have been properly applied and take appropriate remedial action if necessary.”The investigation was initiated in July 2013, but after interviewing members of the board of trustees and perusing the records and books of the church for a year, the commission was still not convinced that the church has been prudent in managing its finances.Subsequently, the UK tax authority, HM Revenue and Customs, has withheld N711.4 million (£ 2.7 million) due to the church in donation between 2008 and 2012 until the conclusion is resolved.On August 11, the commission effectively side-lined the church’s board of trustees and appointed an interim manager to take over the management of the church. . . .

Read more from Mismanagement of UK Church Funds Behind Pastor Chris And Anita's Marriage Troubles? at Romance Meets Life

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