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Ochoa says ‘circumspection name of PCSO funds game’ By Aytch S. de la Cruz and Angie M. Rosales 11/26/2010

Friday, November 26, 2010

Ochoa says ‘circumspection name of PCSO funds game’

By Aytch S. de la Cruz and Angie M. Rosales 11/26/2010

It’’s all a matter of evidence and circumspection in the matter of the presidential handling of the charity funds, the Palace claimed yesterday.

With speculations rising over the sudden control of President Aquino of the Philippine Charity Sweepstakes Office, which means presidential total control of the charity funds, which include Lotto and the STL funds, Malacañang yesterday claimed that this move, through the issuance of Executive Order (EO) No. 14, was done upon the request forwarded by PCSO chief Margie Juico.

Executive Secretary Paquito Ochoa Jr. disclosed this information following suspicions that the PCSO, chief operator of the grand lotto draws, might be used once again as an avenue in which erring public officials could use this for money laundering activities.

“The only theory there is that we acted on the request of the PCSO Chairman Margie Juico and the reason she cited there is that it was anyway previously under the Office of the President and she just wanted to have it put back to the OP,” Ochoa told reporters at a news briefing..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20101126hed2.html

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