NBI arrests PSC employee for alleged P15 M payroll fraud

Published July 15, 2020, 4:37 PM

by Jeffrey Damicog

An employee of the Philippine Sports Commission (PSC) has been arrested by the National Bureau of Investigation (NBI) for allegedly pocketing around P15 million intended as allowances for athletes and coaches.

(MANILA BULLETIN)

NBI Officer-In-Charge Eric Distor on Wednesday, July 15, identified the arrested person as Paul Michael Padua Ignacio, who is assigned at the PSC’s personnel office and tasked to prepare the payroll.

Distor said Ignacio was arrested by agents of the NBI’s Special Action (NBI-SAU) on Tuesday, July 14, at his office at the PSC in Manila.

The arrest was made after investigators, during the conduct of an investigation, found from his laptop and desktop that for the month of June he “included in the payroll (the names of) three (3) unqualified coaches and three (3) unqualified athletes with a total amount of Php 450,150.00 to be credited into the subject’s payroll account.”

“Based on initial verification subject Ignacio has already embezzled Php 14,448,254.35 from August of 2015 up to May of 2020,” the NBI said in a statement.

Following his arrest, Ignacio will be presented before Manila Prosecutor’s Office for inquest for violating the Cybercrime Prevention Act of 2012 as well as for qualified theft and falsification of public documents in violation of the Revised Penal Code (RPC).

The NBI conducted the investigation of Ignacio at the request of PSC Executive Director Merlita Ibay.

The NBI learned from the PSC that Ignacio is suspected of including in the payroll unqualified athletes and coaches and then credits this to his account number.

The PSC suspected Ignacio after being informed by the Land Bank of the Philippines (LBP) regarding unusual payroll transactions.

 
CLICK HERE TO SIGN-UP
 

YOU MAY ALSO LIKE

["national","news","news"]
[2009455,3145652,3145641,3145632,3145635,3145624,3145619]