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Thursday, April 18, 2024

Ex-Pagcor chief faces plunder, malversation raps

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A former chairperson of the Philippine Amusement and Gaming Corp. is facing a complaint of malversation and plunder before the Office of the Ombudsman for supposed non-liquidation of P317.67 million in intelligence funds.

Valente Custodio, ex-Pagcor assistant vice president, filed the complaint against ex-Pagcor head Cristino Naguiat Jr., accusing the latter for failure to liquidate the disbursement of 30 checks worth P254.84 million and 18 checks worth P62.82 million from the agency’s confidential and intelligence funds.

“The failure of the respondent to immediately account for the disbursements despite repeated demands of the Commission on Audit created a presumption he appropriated, took, misappropriated or consented, or through abandonment of negligence, permitted another person to take them,” the complaint read.

The funds should go to the Save the House project in 2010 with a P67.12-million budget, Custodio said.

He, however, said Naguiat pursued with the fund disbursements until 2012 and 2013.

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CoA issued a notice of disallowance for such disbursement, citing Naguiat should be held responsible for his non-liquidation of the fund disbursements.

According to Custodio, the former Pagcor chairperson has not yet responded to CoA’s demands.

“The respondent is ultimately responsible to account for all the disbursements considering that the same are purportedly intelligence funds, which are by their very nature confidential and under the control of only a specific person, in this case, the respondent,” the complaint stated.

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