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Sabtu, 25 Juni 2011

PAGCOR sues its own former chief

The present, Aquino administration, Philippine Amusement and Gaming Corporation (PAGCOR) last week filed a criminal case against former chairman and CEO Efraim Genuino and ex-officials of the agency for graft and corruption related to PAGCOR’s questionable direct funding assistance of more than P34 million to the Philippine Amateur Swimming Association, Inc. (PASA) beginning 2007.

In a separate complaint, sports advocates led by former Senator Nikki Coseteng and Philippine Swim League President Susan Papa, with other swimming notables, also filed on Tuesday charges of graft and corruption, and violations of the Forfeiture law and Anti-Money Laundering Act against Genuino, former Philippine Sports Commission Chairman William Ramirez, PASA President Mark Joseph and several others.

Commenting on the issue, Joseph told the Manila Times that he has already answered all accusations on the matter a long time ago.

An official press statement from PAGCOR states the Commission on Audit’s findings on the case. It reads, “After a review of the submitted documents, COA wrote PAGCOR on January 18, 2010 stating the following: 1) There is no basis of authority for PAGCOR to release the funds directly to PASA instead of releasing to PSC as mandated by law; 2) The liquidation report submitted by PAGCOR is not signed/approved by the authorized PASA official; and 3) disbursements stated in the liquidation report in the total amount of P31,858,616.85 were not properly supported by documents.”

It seems clear that that Genuino’s PAGCOR did enter into a transaction of directly funding an NSA contrary to law. But can the complainants against Genuino et al. prove that the money intended for our swimming athletes went to Genuino’s and his family’s Trace school?

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