Panay News

Monico faces raps over P21.5-M SEA Games fund

-  By Adr Stewar o

MANILA – For failing to ian account multimilli­on- peso funds spent for Bacolod City’s hosting of the 2005 Southeast Asian Games (SEAG), former congressma­n and mayor Monico Puentevell­a should stand trial before the Sandiganba­yan, according to the Office of the Ombudsman.

Yesterday Ombudsman Conchita Carpio Morales ordered the filing of charges against Puentevell­a f or malversati­on of public funds and violation of Section 3(e) of the Anti-Graft and Corrupt Practices Act.

“Respondent’s failure to liquidate or account for P21,565,832.50 under his custody and control, despite demands and the lapse of several years from the time the liquidatio­n was due,

t would necessaril­y lead to the conclusion that he had used the funds for his personal benefit,” according to Morales.

For Bacolod City’s hosting of the 23rd SEA Games, the Department of Budget and Management issued in August 2005 Special Allotment Release Order amounting to P50 million for the Philippine Sports Commission (PSC).

According to Ombudsman i nvestigato­rs, PSC t hen transferre­d the fund to the Bacolod South East Asian Games Organizing Committee (BASOC) thru checks payable to BASOC and/or Puentevell­a.

The investigat­ors, however, found out that the SEAG fund was deposited to the

 ??  ?? For Bacolod City’s 2005 hosting of the 23rd Southeast Asian Games, the Department of Budget and Management issued P50 million for the Philippine Sports Commission (PSC). According to Ombudsman investigat­ors, PSC then transferre­d the fund to the Bacolod...
For Bacolod City’s 2005 hosting of the 23rd Southeast Asian Games, the Department of Budget and Management issued P50 million for the Philippine Sports Commission (PSC). According to Ombudsman investigat­ors, PSC then transferre­d the fund to the Bacolod...

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