Church in Korea Loses Cred

The Korean Protestant church attracts overĀ 400 billion Korean Won (USD 340 million) in revenue every year. But only 3% of that money makes it to the less fortunate.

That’s great news for Mercedes Benz, butĀ bad news for the poor.

According to the international blog community, the Korean church is decreasing in numbers, bleeding credibiltiy and it might soon lose its tax-exemption status due to negligence and corruption among the mega-churches.

Reformation, anyone? Read more at Global Voices.

Related. Check out the richest Nigerian pastors.

Andrew

Andrew Jones launched his first internet space in 1997 and has been teaching on related issues for the past 20 years. He travels all the time but lives between Wellington, San Francisco and a hobbit home in Prague.

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