Starpay denies Pacquiao’s corruption allegations

Aileen Cerrudo   •   July 6, 2021   •   569

MANILA, Philippines— E-wallet service provider Starpay Corporation has disputed Senator Manny Pacquiao’s allegation of corruption in the financial aid distribution of the Department of Social Welfare and Development (DSWD).

“In the interest of truth and transparency, we would like to clear the baseless claims against Starpay Corporation on the issue of ayuda distribution. Over the last several days, statements, allegations, and insinuations have been released using unverified data and we would like to set the record straight with readily verifiable facts that are also accessible and available in the public domain,” Starpay said in a statement.

Starpay partnered with the Department of Social Welfare and Development in the distribution of pandemic cash aid through its e-wallet service. Pacquiao previously claimed that Starpay failed to fully distribute the financial aid under the DSWD’s Social Amelioration Program (SAP).

On the supposed large number of complaints, the company has on record a total of 1,615 complaints which have been resolved and would only constitute to 0.03% of the total served number of beneficiaries.

The licensed electronic money issuer (EMI) already liquidated the funds and have refunded the amount for the unserved beneficiaries through several checks that were issued to the DSWD. It also belied Pacquiao’s claims that the current capitalization of the company is P62,000.

“The required capitalization to apply for an EMI license is P100 million, which we complied with in 2017 as a prerequisite by the BSP for any EMI license application. Senator Manny Pacquiao’s statement during his press conference that our current capitalization is P62,000 is incorrect, while the correct and accurate figures are easily verifiable with the Securities and Exchange Commission,” Starpay said.

Starpay also reported that it was able to cover more than five million beneficiaries that were successfully paid as we went above and beyond the original allocation set by the DSWD and Bangko Sentral ng Pilipinas (BSP).

“We commit to upholding transparency and integrity in our operations and we will continue to work harder so that we will be able to provide the widest and most convenient range of digital financial services for the greatest good of all Filipinos,” Starpay said. AAC

 

DSWD to assist LGUs hit by STS Maring

Aileen Cerrudo   •   October 14, 2021

MANILA, Philippines—The Department of Social Welfare and Development (DSWD) said it is prepared to assist local government units (LGUs) hit by Severe Tropical Storm ‘Maring’.

Based on the October 12 report, the DSWD still has P1.06 billion stockpiles and standby funds, where more than P133 million is the available standby funds in the DSWD Central Office and its Field Offices (FOs).

The department also added that a total of 381,893 family food packs (FFPs) are prepositioned in strategic locations around the country.

The DSWD reported that, 762 families or 2,536 persons are currently taking temporary shelter in 58 evacuation centers in the said regions.

The Department’s Quick Response Teams in the affected regions remain on alert status to work with concerned LGUs in assisting their constituents. AAC

Manny Pacquiao files COC for president with Lito Atienza as VP for 2022 polls

Robie de Guzman   •   October 1, 2021

MANILA, Philippines – Senator Manny Pacquiao on Friday formalized his bid to seek the presidency in the 2022 national and local elections.

Pacquiao filed his certificate of candidacy (COC) for the May 2022 polls with Buhay party-list Representative Lito Atienza as his running mate.

Pacquiao was accompanied by his wife, Jinkee, and Senator Aquilino “Koko” Pimentel when he filed his COC around 8:53 a.m.

 In a press conference after his COC filing, Pacquiao said he and Atienza will run under the PROMDI Party and not PDP-Laban due to infighting with the faction led by Energy Secretary Alfonso Cusi.

He said the PROMDI Party is included in the MP3 alliance forged with the People’s Champ Movement and the PDP-Laban.

“Sapagkat may problema po ang ating partido na PDP, minabuti na lang po, napagkasunduan po na PROMDI ang gagamitin naming partido,” he said.

Pacquiao also explained on why he tapped Atienza as his running mate for the coming polls.

“More than 50 years ang kanyang pagseserbisyo sa taumbayan, at nakita ko yung sinseridad niya, at eksperto niya at hangarin na makatulong sa sambayanan hindi lamang nung sa Metro Manila nung kapanahunan niya kung paano niya binago ang lungsod ng Maynila,” he said.

Pacquiao and Atienza are the first aspirants to file their COCs for presidency and vice-presidency, respectively for the 2022 polls.

Pacquiao announces retirement from boxing

Aileen Cerrudo   •   September 29, 2021

MANILA, Philippines—Senator Manny ‘Pacman’ Pacquiao on Wednesday (September 29) said he will hang up his gloves for good as he announced his retirement from boxing.

With 62 wins, eight losses, and two draws, Pacquiao has become a boxing legend and has brought pride not just to his family but also to Filipinos.

In a video posted on his Facebook page, the 42-year-old said he has heard the final bell and will bid his final goodbye to boxing.

“It is difficult for me to accept that my time as a boxer is over. Today I am announcing my retirement. Goodbye boxing,” Pacquiao said.

In a statement, the people’s champ said he is grateful for his accomplishments and the opportunity to inspire. He also expressed his gratitude for those who made sacrifices to help him in his boxing journey, especially to Zardo Mejia, who taught him how to box. He also thanked Freddie Roach who has been his trainer for years.

Pacquiao, in his boxing career, earned 12 major world titles in eight different weight divisions. He also holds the record for being the only boxer to hold titles in four different decades, and become the oldest fighter to win a world welterweight title. Out of his 62 wins, 39 were by knockout and 23 by decision.

He thanked boxing for changing his life.

“When my family was desperate, you gave us hope, you gave me the chance to fight my way out of poverty. Because of you, I was able to inspire people all over the world. Because of you, I have been given the courage to change more lives. I will never forget what I have done and accomplished in my life that I can’t imagine. I just heard the final bell. The boxing is over,” Pacquiao said. AAC

 

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