Many Calvarites will remember the infamous theatrical alabaster jar-breaking act of Senior Pastor Prince (PG) a few years ago on Easter Sunday at Stadium Putra.
That Sunday was the launch of a major fund-raising campaign for the Calvary Convention Centre (CCC) project and PG wanted to impress the congregation with his “sacrificial” pledge of 9 months of his salary towards the CCC building fund. In an unashamed display of haughtiness, he took an alabaster jar and broke it to symbolize his “sacrificial” giving, trying to replicate the sacrificial act of the woman in the Bible who broke her alabaster jar of expensive perfume and poured it on Jesus’ head.
Many in the crowd in the stadium applauded PG’s act of sacrifice but little did they realize that his sacrifice of 9 months of salary will not affect him much. His dear wife, Sis Petrina was still drawing a big monthly salary of RM10,000 which is more than what senior pastors in other similar-size churches earn. For two persons, this amount of salary is more than adequate to live on, considering that they have no financial commitments and their cars’ petrol and maintenance costs are all taken care of by the Church. There are many members who feed their families and pay their housing and car loans and everything else on much less income.
What the members also do not know was what took place subsequently in the Church office. Because PG sacrificed his salary for 9 months, the Church staff were encouraged to buy lunch for him as often as they could!
Towards the end of that year, the Board of Deacons, in “recognition of PG’s great sacrifice” took a special Christmas love offering from the congregation to bless him. And like a big hero, PG “humbly” accepted it and immediately announced that he is giving the entire love offering to CCC. The entire episode is worthy of a grammy award.
Now, with that background story and in the light of the latest fund-raising campaign, many Calvarites are watching to see what “sacrificial” advance PG will be giving this time.
Clip 1 : Ask and ask big
At the combined services in Sime Darby Convention Centre two Sundays ago, PG announced that his CCC committee members and the Deacons have made advances totaling RM3 million to the CCC. While this may appear to be a large amount, we must take cognizance of the fact that several of the committee members and deacons are millionaires with a few owning fairly large multi-million dollar businesses. Therefore, RM3 million advances from this group is commendable but nothing to shout about. However, the interesting thing to note about this announcement is that PG, himself a millionaire, did not state whether he made any advance and if he did, how much.
Clip 2 : Tremendous sacrifice (?)
The fact that PG is a millionaire is undeniable. His local properties alone are worth at least RM6 to 7 million. The value of his local assets can be easily quantified. His present 3-storey semi-detached house in Bangsar is worth RM4 to 5 million. His Taman Tun house where his daughter, Pam was living in, has just been sold for RM1.2 million. Another house in Bangsar where his son, Jim lives, also belongs to him and this is worth easily RM1.2 to 1.5 million. He is said to own other properties besides the above.
The value of his overseas properties is not known. The amount of money he has in his local as well as overseas bank accounts is also unknown. Since he has never declared to the Church the love offerings he has received, there is, therefore, no way to ascertain the amount of wealth he has amassed overseas.
When Pas Robert Lim of Singapore came to preach just two services in Calvary Church on one Sunday in 2003, the Church gave him a love gift of S$10,000 (read the CT article on 3 April 2009). If we use this as a benchmark, the amount of love offerings that PG would have received over the last 40 years from his overseas preaching engagements, can be fairly substantial.
The deacons have mentioned before that his personal ministry, Calvary International Ministries (CIM) also has bank accounts in Singapore and USA but we have no way of verifying the bank balances there. Nevertheless, it is safe to estimate PG’s total wealth to be in the region of at least RM10 million. Bearing in mind that he has no known borrowings, he is certainly a very rich man.
It is therefore, of great interest to members to know how much advance he has pledged or made to the CCC project this time. After all, he is the Senior Pastor and the CCC is his vision and it is only appropriate that he leads by example.
The amount of advance he commits to the CCC compared to his wealth will be a good yardstick for the ordinary members to follow if they believe in his vision and want to participate in this “Give an Advance” campaign.
The big question on everyone’s lips is how much is PG advancing to the CCC. Is it RM1 million, RM2 million, RM3 million or more?
So Prince Guneratnam, can you answer our BIG QUESTION, please?
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We thank our reader who used the pseudonym "Discovery Channel" for these photos of the November-December 1993 issue of Calvary News. This article written back in 1993 welcoming Pam G and her husband and daughter back to Malaysia after being away for 7 to 8 years in the USA for studies is proof of PG's wealth even back then.
It takes a very rich man to be able to afford to support a daughter's overseas studies for 7 to 8 years. In PG's case, he not only need to finance his daughter's study and living expenses, he also had to finance the bringing up of a granddaughter, who spent the first 4 years of her life in the USA. To top this, his son Jim was also studying in the USA about the same time.
As we recall, PG and wife also took one year sabbatical leave to be with his children and granddaughter in the USA. Of course, the members were told that he was there to do a Masters degree. Now, this is indeed the lifestyle of the rich.