Pagcor refutes COA findings

    Philippine Amusement and Gaming Corp. (Pagcor) has challenged the findings of a recent Commission on Audit (COA) report which accused the regulator of giving “excessive perks” to its employees and dodging remittance payments.

    The perks, according to the COA, included hefty cash awards and gold “memento” rings for long service employees.

    In a clarification announcement sent to media on Friday, Pagcor said it wished to “shed light” on the issue.

    Defending the 18-karat memento rings, Pagcor said this was given only to 20-year loyal employees, adding that the reward has been stopped since 2016 after Pagcor’s chairman and CEO Andrea Domingo stepped into the role.

    Regarding salary adjustments – Pagcor said it sought approval of the then President Benigno S. Aquino III in September 2011, which was granted in November 2011.

    Pagcor also reiterated that under Section 16 of Presidential Decree Number 1869 (PD 1869), its board of directors has the authority to craft its own personnel policies, including compensation packages, circle of Extra Ordinaire Awards, representation and transportation allowances and car plans and housing benefits.

    Pagcor also refuted allegations that it had not paid its rightful remittance to the Philippines Sports Commission (PSC). The COA report found that the regulator owed around P1.6 billion to the PSC.

    “The Philippine Sports Commission (PSC) share remains the single largest funding obligation of Pagcor, which already amounted to more than P13 billion from 1990 to 2017… Currently, Pagcor is remitting an average of P120 million a month to PSC,” said Pagcor on Friday.

    Pagcor said the computation of the remittance to PSC is already pending before the Supreme Court, and it has also sought clarification from President Duterte.

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