Pagcor admits: P2.2-B from Pogo licensed by past admin can’t be collected as they left PH

“In fact I had an exit conference with COA about one month ago, and I had manifested to the supervisor of COA in Pagcor that there is no way we can collect that said P2.2 billion anymore because during my term po, kaagad naming pinuntahan at hinanap po lahat no’ng mga officers no’ng licensee na ‘yon, at lumabas nga po’y do’n sa aming imbestigasyon, sila po’y matapos magsara’y naka-alis na,” he added.

“‘Yon lang naman po ang naging problema sa mga receivables ng mga nakaraang overseas gaming licensees noon pong last administration,” he added.Tengco, however, assured that the license of the operator has been canceled and that a lookout order has been issued. According to COA, this is part of the P2.97 billion in Pagcor’s income should come from Pogos that were uncollected as of the end of 2021.

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