PSC promises athletes no ill effect of strict liquidation policy

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The Philippine Sports Commission (PSC) made an assurance that the national athletes will not suffer the consequences of the “No Liquidation, No Financial Assistance” policy the sports agency is implementing.

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PSC Executive Director lawyer Guillermo Iroy Jr. said the financial assistance would go directly to the athletes in case the athlete’s national sports association (NSA) has unliquidated expenses.

“The athletes should not suffer. We are here to help them and we’ll still finance their international exposure. Our plan is to extend our help to the athletes directly in case they really need to compete or train abroad,” clarified Iroy.

The PSC has employed strict guidelines in releasing financial assistants to the NSAs after the Commission on Audit called its attention on some P32 million unliquidated cash advances.

“They need to liquidate it as soon as possible to continue getting assistance from us. The NSA leaders are responsible in doing that. Madali naman mag-liquidate dahil resibo sa hotel, plane ticket and other expenses like kung may binili silang equipment. Ito lang naman ang kailangan sa liquidation,” added Iroy.

The Philippine Judo Federation headed by Dave Carter has the biggest unliquidated expenses with P4 million followed by Wrestling Association of the Philippines (P2.9m), Sailing Association (P2.6m), Philippine Weightlifting Association (P2.2m), National Golf Association of the Philippines (P2.2m) and Amateur Rowing Association of the Philippines (P2m).

“We will find ways and means to help our athletes as we are preparing for the 2014 Asian Games in Incheon, South Korea,” ended Iroy.

The Philippines is aiming to surpass its three-gold, four-silver, nine-bronze medal haul in the 2010 Asian Games held in Guangzhou, China.

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