POC stares at Asiad cash roll


With a P10.3-million unliquidated expenses stalling release of government funds, the Philippine Olympic Committee is facing the possibility of paying for the country’s participation in the 18th Asian Games in August.
Former POC secretary-general Steve Hontiveros, he doesn’t see anything wrong with it.
An old hand in Philippine sports, Hontiveros said this would not be the first time for the POC to spend for the country’s participation in a major international tournament.
It was first done for the Singapore Southeast Asian Games in 1993 after former POC chief Gen. Rene Cruz had a spat with former Philippine Sports Commission (PSC) chairman Aparicio Mequi.
The POC also had to spend when it dealt with some issues with government during the Laos SEA Games in 2009, with PSC boss Harry Angping funding only 153 members of the national delegation.
The PSC-sponsored athletes also took a chartered flight to the Laotian capital of Vientiane and were given a total of $520 allowance each.
The POC spent for the additional 98 athletes using the money it generated the private sector.
“Going to an international tournament without government support is nothing new,” said Hontiveros, who served as POC executive for more than three decades before Vargas won a court-ordered election last February.
“So, if I were them (POC), they could use their own fund and reimburse once they had fully liquidated. Anyway, they have the money. So, I don’t see anything wrong with it.”

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