Former PSC Commissioner Monico Puentevella said on Thursday that the sports agency is entitled to five percent of Pagcor’s gross income under the law, half of which he said has remained uncollected by the PSC over the past two decades.
“If you find it now, this will be our God-given donation to your administration coming from all the athletes, coaches and national associations,’’ Puentevella told Mr. Duterte in his letter. Puentevella, a former Bacolod City mayor and congressman, explained that the PSC’s five-percent gross income share under Republic Act No. 6847 was cut in half during the administration of President Fidel Ramos in the ’90s.
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