Earthtimes.org
15 Jul 2008
Singapore - The head of Ren Ci Hospital and a prominent South-East Asian Buddhist figure was arrested after a five-month probe into questionable loans made by the facility, news reports said on Tuesday. Ren Ci is the second-largest charity under the health ministry, with reserves of about 33.5 million Singapore dollars (25 million US dollars), the Straits Times said.
Venerable Ming Yi, a 45-year-old abbot at a Geyland monastery as well as several temples in Malaysia and Hong Kong, has stepped down from all his positions at the hospital.
The ministry found "possible irregularities"" in Ren Ci's books after an audit.
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