Tag: assets

Net Worth, Earnings and Membership of Church of Jesus Christ of Latter-day Saints

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The Church of Jesus Christ of Latter-day Saints (LDS) is among the richest religious institutions in the world The church's net worth is estimated at $236 billion (KSh 30.4 trillion), which includes substantial investments in stocks, real estate, and business…[Continue Reading...]

Law enacted to monitor asset shielding by religious corporations

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Japan's parliament enacted a law on Wednesday to strengthen monitoring of movements of religious corporation assets possibly subject to legal claims, as the nation moves to protect people caught up in exploitative donation solicitation practices like those employed by the…[Continue Reading...]

Bill passed to prevent controversial Japanese religious sect’s asset outflows

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TOKYO: Japan's lower house on Tuesday passed a bill to prevent the controversial religious sect Unification Church from moving assets as concerns grew that the religious group would attempt to hide its funds overseas as it faces compensation demands. The…[Continue Reading...]

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