Drilon questions P700-M fund released to PHISGOC

This image is about PHISGOC

Senate Minority Leader Franklin Drilon said on Tuesday that he would challenge sports officials about the P700 million fund they allocated to a Southeast Asian (SEA) Games private foundation.

Why was the private sector given this? Who has requested it? For what reason would it be used? Is it legal to pass to a private foundation P700 million public funds? He told radio DZMM.

House Speaker Alan Peter Cayetano chairs the privately established Philippine Southeast Asian Games Organizing Committee (PHISGOC) Foundation Inc.

The issue of Memorandum Circular 56, which orders all government agencies and government-owned and controlled companies to extend their full support to the body, was formally recognized by President Rodrigo Duterte on January 25.

Last July, Duterte said the government was supposed to manage SEA Games preparations due to alleged corruption in the PHISGOC Foundation Inc. belied by its chief operating officer Ramon Suzara.

Duterte refuses PHISGOC as SEA Games organizer because of alleged corruption: Monday’s Palace Drilon said he’d be looking for an investigation into the P55 million cauldron that will hold the iconic Southeast Asian Games flame that will be lit during the opening ceremonies.

‘ Extravagance ‘: Drilon challenges P55-M cauldron for SEA Games “P55 million is such an unnecessary extravagance and someone has to answer for it,” he told reporters.

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