Peping Cojuangco and his antics in saving his ass


Funding has always been a problem in Philippine sports, apart from politics and corruption. The Philippine Sports Commission (PSC) is being tasked to help assist and fund local national sports associations in the Philippines.

But along this funding is the responsibility to liquidate cash advances.

Since PSC has started to implement the “no more cash advances for NSAs with unliquidated funding”, many athletes are suffering because their training and international exposures are no longer feasible.

The PSC has come up with the list of 34 NSAs with unliquidated cash advances from July 2010 to February 2014 amounting to P32,153,033.25.

Topping the list is JUDO with a little over P4 million unliquidated cash advances.

Wrestling comes second with P2.9 million, sailing with P2.6 million, golf with P2.2 million, weightlifting P2.2 million, rowing P2 million, boxing with P1.6 million, archery P1.5 million, bridge P1.2 million, gymnastics P1.1 million and windsurfing P1 million.

A few NSAs have much less to worry about, baseball with P20,720, swimming P19,634, volleyball P10,802 and squash with P4,650 in unliquidated cash advances.

Cojuangco’s own association in equestrian is also in the list, short of P757,000.

With all these unliquidated cash advances, national athletes are definitely at the losing end.

Now, POC President Peping Cojuangco is using these unliquidated cash advances as a possible reason for Philippines not send a delegation to the up coming Asian Games.

“We are supposed to send our athletes abroad for training,” said Philippine Olympic Committee president Jose Cojuangco.

But that’s unlikely to happen to athletes from 34 national sports associations that have unliquidated cash advances from the Philippine Sports Commission.

In the absence of foreign exposure and training, Filipino athletes are bound to suffer when they vie in three major international events this year.

POC chief said if the problem is not solved soon, it may be better for the country to skip the said competitions.

“Yun na iniisip ko na baka sumali tayo at wala naman mangyari (I’m thinking that we might join and nothing happens). Pag ganyan eh huwag na lang sumali (If that’s the case let’s not join),” he said.

Or the POC chief is just conditioning the minds of the media and Filipino people in case Philippine team will not do well in the 2014 Asian Games?

In the 2010 Asian Games, TEAM PHILIPPINES salvaged 3 gold, 4 silver and 9 bronze medals.

If TEAM PHILIPPINES won’t surpass or equal the 2010 performance this year, I can now picture out Peping Cojuangco using the “unliquidated cash advances” as the reason.

He wont only save his ass, but also put the blame on our NSAs, not to POC!

Smart antic you have there huh!

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One thought on “Peping Cojuangco and his antics in saving his ass

  • September 29, 2014 at 7:50 pm

    bakit naman kasi hindi ninyo nililiquidate yung mga cash advances ninyo bago kayo magrequest ulit? sa’an napunta yun bakit hirap kayo magpresent ng supporting documents for all the expenses you have incurred sa pinag-aadvanced ninyo? tama lang yung tao. linisin nyo muna ang mga kinuha ninyong advances at ipresent sa PSC for audit then tsaka kayo magrequest. simple lang yun.


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