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D0J to probe P6.7 million fraud cost vs sports professional
Edu Punáy (The Philippine Star) - February 14, 2019 - 12:00am
MANILA, Philippines - The Taguig Town prosecutor's i9000 office is fixed to probe the criminal charges against a former official who apparently pocketed over P6.7 million in corporate funds of the Philippine Superliga lnc. (PSL) that hé utilized to head.
The fees of qualified robbery against Phisgoc executive movie director Ramon “Tats” Suzara has been fixed for primary investigation.
The issue against Suzara was filed final December by the PSL, which runs the country's initial semi-professional commercial golf club volleyball league.
Apart from Suzara, previous leader of the corporation, the PSL also integrated its previous corporate treasurer and finance director Donaldo Jose “Don” Caringal in the cost page and searched for their indictment for violation of Content 310 of the Modified Penal Code.
Suzara is definitely leader and CEO of SportsCore Event Administration and Consultancy Inc. and recognized coordinator of nearby and international competitions. A previous administrator of the Philippine Sports Fee complex, he is also currently the marketing and advancement committee chairman óf the FIVB ánd Cookware Volleyball Confederation.
In an 11-page complaint furnished to the Division of Rights previously this 30 days, the PSL charged Suzara and CaringaI of unauthorized disbursements of its funds totaling P6,762,946 in several situations in 2015 and 2016.
Through its fresh president and certified typical Dr. Adrian PaoIo “Ian” Laurel, thé PSL alleged that the participants issued a total of 11 checks payable to their names or to cash from its commercial account in several dates from December 2015 to October 2016.
Among those had been two check ups amounting to G4 million and G2 million payable to Caringal, while three others amounting to P400,000 had been payable to Suzára.
“Thé withdrawals of thé aforementioned amounts are usually unauthorized and had been not revealed to the Board of Owners of the company. It had been only after PSL guaranteed the services of an exterior auditor that thé foregoing anomaly was discovered,” study the complaint.
“There is definitely no plank resolution authorizing the launch of money progress to any of the Plank of Directors or officials of the corporation. There is usually also no board resolution authorizing Caringal to take away from the corporation the quantities of P4,000,000 and P2,000,000,” it pressured.
The PSL mentioned it has released a demand letter on the respondents in November last yr for them to describe the unauthorized withdrawaIs of the money and return the stated quantities. But neither óf the two has reacted.
The company thought that all elements of the crime of skilled theft were present in the situation, including taking of property of others without their consent and with purpose of individual get through grave misuse of confidence.
“Since both participants Suzara and Caringal withdrew straight from the account of the company without any valid expert, each of them mistreated the said partnership with the company. They abused the high diploma of confidence provided to them through their roles in the corporation. Therefore, the using of the money of the company was carried out with severe abuse of self-confidence,” the complainant included.
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