PSC sets Dec 31 deadline for NSAs’ liquidation

PSC sets Dec 31 deadline for NSAs’ liquidation

By Kyle Encarnacion

MANILA — Saying their backs are against the wall on government audit and procedure, the Philippine Sports Commission (PSC) once again set a final deadline at the last day of December to all National Sports Associations (NSAs) to settle all their obligations and unliquidated accounts or face no funding in all their programs and training in 2021.

PSC Chairman William “Butch” Ramirez revealed that the December 31 deadline after an arduous meeting with the PSC Management Committee where the agency planned their next program and direction as well as direction of the sports in general next year amidst the coronavirus pandemic.

“We are just working on our mandate, on our policy. I am just informing the NSAs who compose the POC that we are required by law not to give financial assistance to NSAS and other institutions without first liquidating it,” Ramirez said.

However, Ramirez refused to comment on the total amount of unliquidated accounts of NSAs that somewhat bloated as athletes prepared for their events in the last SEA Games. As such, the PSC reminded the NSAs to settle all their responsibilities as soon as possible. 

“Laging sinasabi namin iyan noon pero hindi nagagawa dahil may Olympics, may Asian Games at SEA Games saka naawa, but now we are against the wall with the government accounting and procedure plus COA,” the PSC chief said.

“I think we have to tell them that they have to raise their own funds and as much as possible liquidate at the end of the year, for us to work together,” said Ramirez.

Some NSAs still have unliquidated funds even before the staging of the 30th SEA Games in the country added Ramirez.

“Maraming NSAs pa ang kailangan na makapagliquidate bago matapos ang taon dahil na rin sa malaking pondo na nagastos ng ahensiya sa pagtulong sa exposure trips at tournaments ng mga atleta sa loob at labas ng bansa, pati na rin sa mga training camps at hiniling na iba pang mga suporta,” explained Ramirez.  (AI/MTVN)

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