Golden cauldron and long arm of inquiry

Golden cauldron and long arm of inquiry | Daily Tribune

Seven years later, the NBI is only now set to file cases as part of its broader investigation into the Philippine Southeast Asian Games Organizing Committee (Phisgoc) which received some P6.7 billion in government funds to conduct the games.

The delay is alarming. Prolonged investigations erode public trust and allow key evidence and witnesses to disappear, while those responsible may escape accountability.

This case has significant weight beyond the financial discrepancy. At its heart is Senator Alan Peter Cayetano, who was the Phisgoc head in 2019. The NBI is examining Cayetano’s actions, as well as those of Phisgoc executives Ramon Suzara and others identified as Cayetano’s colleagues, staff members and associates.

More troubling is the discovery that Cayetano’s name does not appear in Phisgoc’s corporate documents. As NBI director Melvin Matibag pointedly observed, “That is a problem. It’s very clear that before you become chairman, you should be a board member. If you’re not a board member, then how did you become the chairman?”

The allegations against Senator Cayetano are serious. He may have circumvented proper governance structures by forming the Phisgoc Foundation Inc. with his inner circle, rather than working through the original ad hoc committee established by the Philippine Olympic Committee.

The law requires that corporate actions be approved through board resolutions. Ascending to the chairmanship without board membership raises legal questions about the validity of the foundation’s decisions and contracts. This is not a mere technicality. If public funds were channeled through this irregular structure, it could represent a fundamental failure of stewardship.

The investigation also revealed another concern: Phisgoc continued to sponsor international events long after its mandate ended with the 2019 Games, operating well beyond its original life. This raises questions about how a body intended to serve a single function evolved into a permanent structure with access to funds and influence.

This case matters because it tests the country’s commitment to the rule of law and accountability. For the citizens, the cauldron represents extravagance in a country where millions lack basic needs.

Former karate champion Gretchen Malalad noted: “This P50 million could have been spent on developing our athletes.”

The investigation offers an opportunity to demonstrate that no one, regardless of political stature, is above the law.

The NBI’s task is clear: to establish whether the cauldron’s cost was inflated, whether Phisgoc’s structure was legally sound, and whether Senator Cayetano and the others abused their positions.

The evidence must speak for itself. If the allegations are proven, those responsible should face the full force of the law. If not, the investigation should clear them definitively.

Either way, after seven years, the Filipino people deserve answers — and the delivery of justice that is neither too early nor too late, but just in time.