Billions Mr. President? – The Manila Times

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Billions Mr. President? – The Manila Times
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This weekend, I heard two young, vibrant, and patriotic national athletes on TV appealing for donations to strengthen our never ending struggle against this catastrophic pandemic. Our SEA Games champions, aside from our entertainers and actresses, have ...

This weekend, I heard two young, vibrant, and patriotic national athletes on TV appealing for donations to strengthen our never ending struggle against this catastrophic pandemic.

As per the law, under R.A. 5847, 5 percent gross income annually of Pagcor should be given to the PSC for our athletes and our neglected national and grass roots program. As per records, Pagcor has remitted to PSC only half of 5 percent for the last twenty five years. If you can recall, I personally brought this matter up to you inside Malacanang during the send off rites two years ago for the athletes to the Asian Games in Indonesia when the story broke out and handed you all the pertinent papers, including the official CoA report and you appeared surprised and promised me you’ll seriously take a good look at it.

Mr. President, by law, these funds belong to the athletes. But now because of this plague, you have been looking for funds. And we are talking of more than P5 billion here. Billions Mr. President. If you claim now that you do not know where you shall get the funds, here’s one of them. And there’s more to come from Pagcor.

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