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Excerpt from Stimes
The management committee did not know how much they were paying their chief executive.
They could have asked, admitted Ren Ci's committee member Chan Ching Oi, but they did not.
Instead they let it's CEO and founder Ming Yi decide on what he deemed to be a 'fair' salary, Mrs Chan said on the witness stand yesterday, while testifying on the third day of a criminal trial against the Buddhist monk.
Prosecutor quizzed Chan, 70 about a sudden jump in Ming Yi's salary in 2001 -from $16,000 in May to $20,700 in June.
The management committee did not know how much they were paying their chief executive.
They could have asked, admitted Ren Ci's committee member Chan Ching Oi, but they did not.
Instead they let it's CEO and founder Ming Yi decide on what he deemed to be a 'fair' salary, Mrs Chan said on the witness stand yesterday, while testifying on the third day of a criminal trial against the Buddhist monk.
Prosecutor quizzed Chan, 70 about a sudden jump in Ming Yi's salary in 2001 -from $16,000 in May to $20,700 in June.