Onyok Velasco to get P500K gov't aid as compensation for 'false promises' | Inquirer Sports
Close  

Onyok Velasco to get P500K gov’t aid as compensation for ‘false promises’

By: - Reporter / @junavINQ
/ 05:38 PM August 10, 2021
Onyok Velasco

FILE – Referee Imre Nagy of Hungary signals that Mansueto Velasco (R) of the Philippines has defeated Yosuani Aguilera of Cuba in their men’s 48kg bout at the 1996 Atlanta Games. AFP-IOPP/Omar TORRES

MANILA, Philippines — Former boxer Mansueto “Onyok” Velasco stands to receive P500,000 from the government as financial aid for the false commitments promised to him when he claimed a silver medal in the 1996 Atlanta Olympics.

Senator Bong Go, the chairman of the Senate Committee on Sports, said the additional cash incentive is already being processed by the Office of the President to compensate for the unfulfilled obligations of various entities in the past.

ADVERTISEMENT

“We have nothing to do with those false promises since they happened more than 20 years ago. We just want to recognize Onyok’s accomplishment for giving honor to our country and somehow compensate for those false promises,” said Go.

In a recent interview with the 47-year-old Velasco, the former Olympian revealed he has yet to receive the P2.5-million pledge from certain members of the House of Representatives then, as well as scholarship grants for his children from another pledger.

FEATURED STORIES

An unnamed businessman had likewise committed to provide a lifetime monthly allowance of P10,000, but was discontinued after a year, according to Velasco.

“Based on the records, the government was able to give Onyok the cash incentives given to medal-winning athletes at that time. But there were those who made pledges who failed to keep their commitment,” said Go.

During Velasco’s silver-medal feat in Atlanta, lawmakers have yet to craft a clear-cut policy on the cash incentives that medal-performing athletes in the Olympics could receive.

Republic Act 10699 or better known as the national athletes and coaches benefits and incentives act expanded the coverage of bonuses granted to the recipients starting 2015 with an Olympic gold worth P10 million, a silver P5 million and a bronze P2.5 million.

Go vowed to ensure that the controversy surrounding the bonuses of Velasco would not happen again to Tokyo Olympic gold medalist Hidilyn Diaz of weightlifting, boxing silver medalists Nesthy Petecio and Carlo Paalam and bronze performer Eumir Marcial.

RELATED STORIES

Ghost of Onyok’s ‘gold’ surfaces in Bulgarian Tokyo triumph

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: 1996 Atlanta Olympics, Mansueto Onyok Velasco, Tokyo Olympics
For feedback, complaints, or inquiries, contact us.

Subscribe to our sports news

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.



© Copyright 1997-2021 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.