Winners Chapel financial record leaks after Oyedepo’s disapproval over CAMA

Chapel financial record for 2018 has leaked.

OnyxNews Nigeria reports Winners Chapel Financial Record 2018 for Winners Chapel United Kingdom has emanated on the internet, showing the sources of the Church’s funds.

The document of Winners Chapel financial record which was shared on Twitter by a Nigerian, Dr Olusesan [DrOlusesan] on Monday, August 17, was published by UK Charity Commission on its official site.

Winners Chapel Financial Record surfaced a few hours after the founder and presiding Bishop of the Living Faith Church Worldwide, David Oyedepo, faulted the establishment of Company and Allied Matters Acts (CAMA) by President Muhammadu Buhari.

Bishop Oyedepo had criticised the CAMA application recently signed into law by President Buhari on Sunday, August 16, during a preaching section at his Church. According to him, the government has no power to appoint people over churches.

The provisions of CAMA states that no General Overseer or leader of any NGO can transfer directly or indirectly the assets of the organization to himself, his wife, kids or any member of the organization.

A part of the CAMA application read thus; “The income and property of the company shall be applied solely towards the promotion of its objects, and that no portion thereof shall be paid or transferred directly or indirectly to the members of the company except as permitted by or under this Act, and (b) each member undertakes to contribute to the assets of the company in the event of its being wound up while he is a member or within one year after he ceases to be a member for payment of debts and liabilities of the company, and of the costs of winding up, such amount as may be required not exceeding a specified amount and the total of which shall not be less than Nl0.000.”

In the meantime, the UK Charity Commission opened a case against Winners Chapel in 2013, the Pentecostal Church founded and presided by Bishop Oyedepo; carried out a probe and placed the Church under scrutiny until 2014 when it exonerated the church of any wrongdoings

See Winners Chapel financial record below…

Winners Chapel financial record for 2018