THE Philippine Olympic Committee (POC) reiterated on Wednesday that the Philippine Sports Commission (PSC) had a hand in the Commission on Audit (COA) sending a demand letter asking the organization to liquidate a P10-million financial assistance that was released 25 years ago.
POC president Rep. Abraham "Bambol" Tolentino said that an Affidavit of Undertaking for the release of funds for the recent 19th Asian Games had a provision for the POC to liquidate P13.2 million—including the P10 million for the Bangkok 10th Asian Games funds—in order to release the funds for the Hangzhou campaign.
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