SPECIAL ANNOUNCEMENT: CLARIFICATION OF RECENT REPORTS ON SENIOR PASTOR JOSEPH PRINCE’S PERSONAL FINANCES
It has come to the attention of the Council that several recent online reports have made claims of Senior Pastor Joseph Prince’s net worth and the salary that he draws from the church.
The Council is concerned by the aspersions cast by these unsubstantiated allegations on the church and the work of Pastor Prince. Pastor Prince has not, since 2009, drawn any salary from the church. While the Council regards Pastor Prince’s net worth as being personal in nature, Pastor Prince has nonetheless shared with the Council that his net worth is substantially lower than the US$5m that has been alleged.
Indeed, Pastor Prince recognises that a strong foundation of corporate governance can only enhance the church and had in 2009 voluntarily stepped down from membership of the Council to focus on his spiritual role.
The Council is disappointed with the manner in which the reports were generated and circulated without proper effort having being made to validate the facts. The Council asks that these reports be withdrawn or clarified, so as not to undermine the good work of the church and Pastor Prince.
New Creation Church
21 October 2014