"Thats one aspect were trying to work out," said Guillermo Iroy, PSC chair William "Butch" Ramirezs executive director.
One example is PhilCycling, the countrys duly recognized cycling governing body, which has inherited more than P4 million in unliquidated funds. Cycling incidentally is on top of the list of delinquent NSAs with P6 million of unliquidated advances.
The Philippine Amateur Cycling Association, which was replaced by PhilCycling three years ago, incurred more than P4 million in PSC assistance it used in preparation and participation in the 2001 Kuala Lumpur Southeast Asian Games and the 2002 Busan Asian Games. That means, PhilCycling will have to liquidate the remaining amount of less than P2 million.
PSC commissioner Ritchie Garcia has admitted in a previous interview that the government could not run after the PhilCycling for the simple reason that it is a different organization from the PACA.
But this has prevented the PhilCycling from drawing financial assistance from the PSC until it fully liquidates the P6 million. That is aside from malversation charges the Office of Solicitor General would be filing against the erring NSAs.
PhilCycling president Bert Lina said he would seek more clarification from the PSC on the matter but battled for a more logical approach on the liquidation issue.
Next to cycling, volleyball, archery, karatedo and chess have unliquidated amount of P5 million each followed by canoe-kayak, pencak-silat and athletics with P3.9 million, P3.8 million and P2.9 million, respectively.
Only taekwondo, lawn tennis, triathlon, bowling, wrestling, boxing, billiards and snookers, golf, and fencing, have completed their liquidation and would continuously enjoy financial assistance from the PSC.