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| courtesy of interaksyon.com |
Let us take for example the 2012 World Dragon Boat Championship that was held in Milan, Italy. According to PSC Resolution No. 439, the athletes and their two coaches will receive $480.00 each for the competition. At an exchange rate of PHP40.00 to $1.00 and with 26 athletes and coaches all in all, the total amount of participation allowance comes out as $12,480.00 or PHP499,200.00.
But according to the statements of the athletes and coaches, only PHP9,259.25 were given to each of the 25 participants. Only 25 participants were given the participation allowance as the PCKF president insisted that Coach Laureno was not approved by the PSC to go to Milan. With 25 people being given PHP9,259.25 each, the total amount of participation allowance that was actually given only amounts to PHP231,481.25.
Comparing the total amount of participation allowance approved by PSC with the total amount of participation allowance that was given, there is a discrepancy of PHP267,718.75.
The big question is where did the PHP267,718.75 go ?
Note that the unaccounted amount of PHP267,718.75 is even bigger than the PHP231,481.25 that the athletes and coaches got as participation allowance. Meaning, that whoever got the missing and unaccounted funds got more than what the whole team got. Such is the obscenity of the whole thing.
Note too that what we have examined is only limited to the participation allowance of the athletes and coaches. We have not examined the amounts that could be missing from the funds allotted for the airfare and hotel accommodations of the athletes and their coaches.
The brazen and obscene corruption from this simple example is truly a crime not only against the athletes and their coaches but against the entire Filipino people as well.
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