The Philippine Superliga has moved to file a complaint for qualified theft with the National Bureau of Investigation against former President Ramon “Tats” Suzara and Director for Financer Donaldo Caringal.
PSL Vice President Ian Laurel, PSL Director for Legal Affairs Atty. Melinda Diaz-Salcedo and PSL Legal Counsel Atty. Miguel Llantino adressed the media regarding Suzara and Caringal’s “irregular and unauthorized disbursements of company funds”.
The PSL’s statement reads, “The irregularities were discovered after the comprehensive audit conducted by an independent auditor hired by PSL.
The pair “allowed the the release and use of company funds for unauthorized purposes, which include, among others, President’s discretionary funds, travel expense/allowance, cash advance, telephone reimbursements.”
No exact figure was revealed in lieu of the investigation, with Atty. Salcedo clarifying that they only audited the 2016 budget.
Suzara resigned as President last May, 2018 and last attended a PSL board meeting in January, 2018. Caringal resigned in January 2018 and was replaced by Ariel Paredes.
The PSL is yet to hold an election for president.
Suzara and Caringal are both founding members of the PSL.