State-run Philippine Amusement and Gaming Corporation is seeking a P1 billion refund from Global ComRCI, the former third party auditor hired to audit Philippine Offshore Gaming Operators under a P5.8-billion contract.
“Under Republic Act 9184, any form of fraud or fraudulent document in your bid deems the proposal null and void. We are coordinating with the Office of the Solicitor General para po mahabol iyong pribadong kumpanya . Dapat ibalik iyong P1 billion na nakolekta nila from PAGCOR because from Day 1, their contract is null and void,” Tengco said.
“Under our laws, POGO licensees cannot operate without an independent auditor. We wrote a letter to the Department of Justice to ask if we can tap COA as auditor for our overseas gaming licensees, and the DOJ said such is allowed,” he said. "Their explanation just ended there. And that is why after a month, we were already advised by our legal team that we already have a right to cancel their contract," he pointed out.
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