PSC to release comprehensive list of ‘unliquidated’ NSAs | Inquirer Sports

PSC to release comprehensive list of ‘unliquidated’ NSAs

By: - Reporter / @junavINQ
/ 10:10 PM January 03, 2012

MANILA, Philippines—The Philippine Sports Commission plans to release a complete list of national sports associations (NSA) with unliquidated cash advances as soon as its accounting department is done scrutinizing documents.

PSC chair Richie Garcia had earlier warned delinquent NSAs that non-liquidation of cash advances would result in zero financial aid from the sports agency.

The PSC has already approved a policy that would disqualify an association from getting financial help this year unless their dues have been settled and justified promptly through receipts and pertinent purchase documents.

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The PSC earlier released a list of 58 NSAs which have unsettled finances worth a combined P130.6 million although some of them have already been accounted for.

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“We will know in a few days. The policy now is that we will not give any amount until they are cleared by accounting,” said Garcia.

Aquatics tops the list with P10,526,638, including previous financial obligations (P4,932,106) before Garcia took office in July 2010.

The amount includes financial liabilities of swimming (P8,066,537), diving (P752,981), water polo (P1,513,022) and synchronized swimming (P194,096) under the Philippine Amateur Swimming Association headed by POC deputy secretary general Mark Joseph.

Wushu (P7,967,254), gymnastics (P6,654,044), shooting (P5,674,931), canoe-kayak (P5,654,863), chess (P5,430,138), volleyball (P5,179,330) and football/futsal (P5,014,331) have also breached the P5-million mark.

Just like swimming, gymnastics, shooting and canoe-kayak failed to deliver a gold medal in the SEA Games.
Also urged to justify their advances were leadership-torn karatedo (P4,863,921), judo (P4,447,668), archery (P4,129,440), cycling (P4,649,625), wrestling (P4,521,280) and weightlifting (P4,313,545).

The PSC has also called the attention of officials from muay (P3,536,144), sailing (P3,279,203), table tennis (P3,066,635), fencing (P2,470,934), bowling (P2,349,106), pencak silat (P2,351,303), softball (P2,303,170) and windsurfing (P2,178,428).

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TAGS: NSA, POC, PSC, Richie Garcia, Sports

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