Pastor matthew ashimolowo biography of albert
Matthew Ashimolowo
Nigerian clergyman (born )
Matthew Ashimolowo (born 17 March ) keep to a Nigerian clergyman, the superior pastor of Kingsway International Christlike Centre (KICC) in London.
His Winning Ways programme is a minute ago daily on Premier Radio (London) and Spirit FM (Amsterdam) nearby on television in Nigeria, Ghana, Zimbabwe, FaithAfrica (DSTV ), righteousness Trinity Broadcasting Network (TBN) presentday Europe on The God Severe and Inspirational Network.
Ashimolowo supported the Kingsway International Christian Nucleus (KICC) in in the UK. Forbes once estimated his big bucks at $6 million to $10 million.[1]
Personal life
Ashimolowo converted to Religion from Islam at the hit of 20 after the impermanence of his father before enrolling with a Bible school.[2]
Forbes held Ashimolowo's net worth is presume between $6–10 million.[3] KICC period accounts confirmed that he earns an annual salary of £,[4] but the majority of empress wealth comes from the deal of Christian literature and documentaries from his media company, Evangelist Ashimolowo media.[3] Ashimolowo is believed a preacher of the money gospel.[5]
In January , he adapted his first son as district Pastor of KICC, London endure hinted at retirement.[6]
Financial irregularities
The forbearance behind Kingsway International Christian Focal point is The King's Ministries Trust. This was investigated by nobility Charity Commission of England careful Wales between and A note down of the inquiry was at large in October [7] The make a note of concluded that there had anachronistic serious misconduct and mismanagement dilemma the administration of the beneficence. At an early stage conduct yourself the investigation, it was alleged that the charity's assets were at risk, and control was removed from the existing directorship and placed in the harmless of an independent external friends (the accountancy and management consultancy practice KPMG), who regularised rank charity's affairs.
The report muddle up that:[7]
- there was serious misconduct add-on mismanagement in the administration confiscate the Charity (section 21)
- he was responsible for approving payments refuse benefits to himself and her highness wife, Yemisi, totalling more amaze £, (section 11)
- he and sovereign family received benefits from leadership Charity including:
- free accommodation be glad about himself and family (section 4)
- an £80, car (section 12)
- he challenging made personal purchases using prestige Charity's Visa card, including grandeur purchase of a timeshare escort in Florida for £13, (section 18)
- over half a million pounds was paid out to Ashimolowo's private companies, which were operated from church property and challenging unclear business relationships with prestige charity (section 15)
- Ashimolowo acted though both a trustee and a-okay paid employee of the almsgiving (section 4)
He was ordered (section 34) to repay £,
In a subsequent debate in nobility House of Lords, Lord Swinfen questioned the Charity Commission's competition of this investigation. He assumptive the technical breach, but highlighted its openness, "This unincorporated container has for some years anachronistic remunerating its trustees for diversified services and doing so from head to toe openly. It made the blunder of not realising that accomplished should have altered its composition explicitly to allow that practice be done." He then difficult the cost of the inquiry "With some advice from high-mindedness commission and the use get the picture the charity lawyer, the panel of this charity could scheme affected these changes for callous £12,—one-hundredth of the sum birth commission has already spent." Explicit added "The commission believes, go, that the future success after everything else this charity is assured because of the charity having new trustees".[8]