Philippine Sports Commission (PSC) of the National Sports Associations (NSAs) has released a list of those who have pending unliquidated cash advances.
Almost all total of 52 NSAs are debt that should be resolved in PSC though some are those have a bigger amount that should be needed to be returned to PSC.
Among those who have largest unliquidated cash is Philippine Sports Association for Differently Abled (Philspada) with total of P16, 296, 510.38.
Also includes the Wrestling Association of the Philippines (WAP) that still have lacking 8,340,549.99, the National Chess Association needs to return 7,865,727.22 and the Philippine Volleyball Association (PVA) that needs to return the amount of P5,672,944.50.
They have already warned the PSC recently to NSAs that has debt on them that should be returned as soon as possible so that they can aprove the request to their new financial assistance.
In case the NSAs will fail to return there remaining to PSC, said by Commissioner Ramon Fernandez that there should be no help assistance on the agency for them.
“I’m sure they understand. And besides COA commanded that. We are just following," mentioned Fernandez.
- Annie Abad
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