Gatchalian calls for immediate termination of contract between PAGCOR, third-party auditor - BusinessWorld Online

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A senator has called for the termination of the contract between PAGCOR and its third-party auditor after a New York-based bank denied issuing a certificate to the latter that supposedly qualified it for the P6-billion government engagement.

February 19, 2023 | 7:36 pm

A SENATOR has called for the termination of the contract between the Philippine Amusement and Gaming Corp. and its third-party auditor after a New York-based bank denied issuing a certificate to the latter that supposedly qualified it for the P6-billion government engagement.immediatetermination of the contract following a letter from Soleil Chartered Bank that categorically denied providing any certification.

The bank also said that it does not have a record of any account of the auditing consortium, certifying that it was not a client of SCB. The bank added that it did not engage in banking operations nor maintain an office in the Philippines, and its supposed address in the country, as claimed by the auditor, is

 

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