Pastor ashimolowo biography

Nigerian clergyman (born 1952)

Matthew Ashimolowo (born 17 March 1952) task a Nigerian clergyman, the high up pastor of Kingsway International Christly Centre (KICC) in London.

His Winning Ways programme is presently daily on Premier Radio (London) and Spirit FM (Amsterdam) submit on television in Nigeria, Ghana, Zimbabwe, FaithAfrica (DSTV 341), high-mindedness Trinity Broadcasting Network (TBN) splendid Europe on The God Short-term and Inspirational Network.

Ashimolowo supported the Kingsway International Christian Hub (KICC) in 1992 in honesty UK. Forbes once estimated circlet fortune at $6 million optimism $10 million.^[1]

Personal life

Ashimolowo converted pact Christianity from Islam at character age of 20 after illustriousness death of his father formerly enrolling with a Bible school.^[2]

Forbes estimated Ashimolowo's net worth problem at between $6–10 million.^[3] KICC annual accounts confirmed that let go earns an annual salary get through £100,000^[4] but the majority swallow his wealth comes from decency sale of Christian literature flourishing documentaries from his media cast list, Matthew Ashimolowo media.^[3] Ashimolowo commission considered a preacher of ethics prosperity gospel.^[5]

In January 2022, unquestionable appointed his first son reorganization resident Pastor of KICC, Author and hinted at retirement.^[6]

Financial irregularities

The charity behind Kingsway International Christlike Centre is The King's Ministries Trust.

This was investigated by the Charity Commission spectacle England and Wales between 2002 and 2005. A report long-awaited the inquiry was released foundation October 2005.^[7] The report bygone that there had been unsmiling misconduct and mismanagement in decency administration of the charity. Separate an early stage in grandeur investigation, it was considered roam the charity's assets were smack of risk, and control was coolness from the existing trustees arm placed in the hands jump at an independent external company (the accountancy and management consultancy wont KPMG), who regularised the charity's affairs.

The report found that:^[7]

• there was serious misconduct and bad behavior in the administration of blue blood the gentry Charity (section 21)
• he was reliable for approving payments and cheese-paring to himself and his little woman, Yemisi, totalling more than £384,000 (section 11)
• he and his descendants received benefits from the Liberality including:
  • free accommodation for mortal physically and family (section 4)
  • an £80,000 car (section 12)
  • he had completed personal purchases using the Charity's Visa card, including the shop for of a timeshare apartment dependably Florida for £13,000 (section 18)
• over half a million pounds was paid out to Ashimolowo's top secret companies, which were operated cheat church property and had ill-at-ease business relationships with the lenity (section 15)
• Ashimolowo acted as both a trustee and a stipendiary employee of the charity (section 4)

He was ordered (section 34) to repay £200,000.

In a- subsequent debate in the Sort out of Lords, Lord Swinfen uncertain the Charity Commission's running most recent this investigation. He acknowledged significance technical breach, but highlighted wear smart clothes openness, "This unincorporated trust has for some years been remunerating its trustees for various serving and doing so quite unreservedly blatantly.

It made the misapprehension of not realising that set in train should have altered its composition explicitly to allow that lowly be done." He then disputed the cost of the query "With some advice from description commission and the use garbage the charity lawyer, the surface of this charity could take affected these changes for awful £12,000—one-hundredth of the sum nobleness commission has already spent." Why not?

added "The commission believes, convinced, that the future success decelerate this charity is assured alongside the charity having new trustees".^[8]

References

External links