SENATOR Sonny Angara, Chairman of the Senate Committee on Ways and Means, has filed Senate Resolution 229: directing the Committee on Sports to conduct an inquiry, in aid of legislation, on the alleged unliquidated funds released to the Philippine Olympic Committee (POC) and the unjust imposition of eligibility requirements for the candidates for POC president thereby limiting the participation of other members.
Senator Manny Pacquiao chairs the Senate Committee on Sports.
Angara cited that there are reports that for 2010 to 2106, funds amounting to Php 129.6 million were released by the Philippine Sports Commission to the POC, yet remain not fully liquidated.
Moreover, it has been further alleged that the democratic election processes within the POC are under attack and that interested candidates from members of the National Sports Associations are being prevented from participating as candidates because of the allegedly unreasonable eligibility requirements imposed in the Amended By-Laws of the POC.
He added that the issue has become more pressing considering the expiration of the terms of the incumbent officials this year – wherein the upcoming election is scheduled on November 25.
The lawmaker also stressed that there’s a need to immediately resolve this issue as the turmoil within the POC would hinder development of the Philippine sports – which he claimed to be a source of national pride and inspiration and an instrument for national building.
It was recalled the POC Commission on Elections has denied the appeal of Ricky Vargas, President of the Alliance Boxing Association of the Philippines, to overturn his disqualification and allow him to run for POC president.
The result has forced Vargas, through Atty. Chito Salud, will seek legal remedy.
Meanwhile, seeking for his 13th year as POC president after first took office in 2004.*