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Friday, April 9, 2010

Look into investments by religious groups

IT IS time the authorities looked into the matter of huge donations being received by religious organisations, which are tax-exempt and should, therefore, not be used to invest in commercial properties.

Religious organisations should not become large property conglomerates. They should not be involved in the business world and become commercialised.

Rightfully and morally, the huge funds donated by followers should go towards providing scholarships for deserving bright students from lower-income families or towards building shelters for children from broken homes and so on.

Jeffrey Tan

Source : Straits Times – 17 Mar 2010

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