Quantcast
Latest Stories

Payoff issue: House panel won’t summon Genuino

By

Efraim C. Genuino INQUIRER FILE PHOTO

MANILA, Philippines—So what if the payoff happened two years after?

Bayan Muna party-list Representative Teodoro Casiño on Thursday urged the House committee investigating allegations of malfeasance to summon former Philippine Amusement and Gaming Corp. (Pagcor) Chairman Efraim Genuino and his purported bagman, Rodolfo Soriano, to its next hearing on an alleged bribe they received from Japanese billionaire Kasuo Okada’s Universal Entertainment Corp.

But Rep. Amado Bagatsing, chairman of the committee on games and amusement, agreed to invite only Soriano, a former Pagcor consultant, saying there was nothing to link Genuino to the bribery charge “so far.”

“We will invite Soriano in the meantime because there is still no link with Genuino so far,” Bagatsing told the Inquirer in a text message.

At the committee’s initial hearing on Wednesday, Bagatsing appeared cool to the idea that Soriano, or Genuino, had pocketed $15 million in combined payoffs made in 2010—two years after Okada’s Tiger Resort Leisure and Entertainment Inc. secured a provincial license to operate from Pagcor.

Tiger was among four companies allowed to operate casinos in Entertainment City, which is being built on 120 hectares of reclaimed land on Manila Bay.

“I don’t know if any businessman would do that, pay off an outgoing (official), and you already had a license for the last two years,” Bagatsing had said at the hearing.

“These people have reputations to protect, so give us reasons to really compel them to attend,” he had added.

But Casiño, the chief proponent of the House inquiry, said “the inconvenience to Soriano and Genuino is nothing compared to the need to know the truth.”

“Does it matter if the payoff happened two years later? These projects are constantly under review, and the license was provisional, always subject to review,” he said.

“I hope the committee considers this serious issue that’s worth more than the inconvenience of the two,” he added.

“Sometimes for a project of this magnitude, they let the (payoff) sleep first,” Casiño said in Filipino. “But the fact that there was a payoff should be a cause for concern.”

At the hearing, Tiger general manager Masahiro Terada briefed the representatives on the cases filed in Tokyo by Okada against three former employees over the separate disbursements of $5 million and $10 million to companies identified with Soriano.

Terada said the $5 million represented a “guarantee fee.” A Reuters report on November 16 said the money went to People’s Technology Ltd., a company that listed Soriano as its sole owner.

The $10 million was allegedly moved to Subic Leisure and Management Ltd.


Follow Us

Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Amado Bagatsing , Congress , Efraim Genuino , gaming and casinos , Pagcor , payoff , Teodoro Casiño




Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
  1. Napoles spills beans on Enrile, Estrada, Revilla – De Lima
  2. Opinions split on Napoles turning state witness
  3. Delfin Lee: Blame Pag-Ibig, not me
  4. Plunder complaint filed vs PNP chief, firearms office head over license delivery deal
  5. Cedric Lee’s cohort flies out of PH despite look-out order – De Lima
  6. San Juan cops fail to arrest Cedric Lee
  7. More ‘Yolanda’ bodies found
  8. Gigi Reyes pins blame on aide
  9. Lawyer: Napoles ‘will tell all’
  10. Boy ‘sexually assaulted’ at Indonesia international school
  1. Napoles spills beans on Enrile, Estrada, Revilla – De Lima
  2. Gigi Reyes pins blame on aide
  3. Estrada: Gigi Reyes won’t testify vs JPE
  4. Bernice Lee arrested by NBI team
  5. Enrile chief aide back in PH ‘to face charges’
  6. ‘No real progress in PH if dynasties not dismantled’
  7. Suspect in Vhong Navarro’s mauling wants to turn state witness – De Lima
  8. Reckless driver endangered lives of Aquino, entourage–report
  9. More legal woes for Cedric Lee
  10. Henares on Pacquiao bashing: I did not start this
  1. KL confirms Malaysian Airlines Flight MH370 ended in Indian Ocean
  2. MRT passengers pass the hat for 6-year-old Ashley
  3. Rookie, lady cops lauded for quick response to MOA heist
  4. Malaysia averts another air tragedy; pilot lands troubled plane safely
  5. Revilla says he was joking; Lacson stands by his story
  6. Revilla ‘consulted’ Lacson on how he evaded arrest
  7. Cudia, dismissed for lying, got 99% in conduct
  8. Kim Henares needs a reprimand, says Cayetano
  9. Hammer-wielding robbers cause chaos at Philippines’ Mall of Asia
  10. Napoles spills beans on Enrile, Estrada, Revilla – De Lima
Advertisement

News

  • Whistle-blowers now alarmed
  • Palace prepared to charge its allies
  • 12 senators on Napoles ‘pork’ list, says Lacson
  • PNP chief on plunder raps: ‘Amateurish’
  • Makati readies 12-month traffic plan for Skyway 3
  • Sports

  • Mixers trim Aces, force do-or-die tiff
  • Donaire junks Garcia as coach, taps father
  • ’Bye Ginebra: No heavy heart this time
  • UAAP board tackles new rules
  • Baguio climb to decide Le Tour de Filipinas
  • Lifestyle

  • Entering the monkhood a rite of passage
  • Haneda International Airport: A destination on its own
  • Wanted: Beauty queen with a heart that beats for the environment
  • Kim Atienza: At home with art and design
  • Life lessons I want to teach my son
  • Entertainment

  • Return of ‘Ibong Adarna’
  • Practical Phytos plans his future
  • In love … with acting
  • From prison to the peak of success
  • ‘Asedillo’ location thrives
  • Business

  • PH banks not ready for Asean integration
  • Stocks down on profit-taking
  • Banks allowed to use ‘cloud’
  • SMIC to issue P15-B bonds
  • Honda upgrades PH plant
  • Technology

  • ‘Unlimited’ Internet promos not really limitless; lawmakers call for probe
  • Viber releases new design for iPhone, comes to Blackberry 10 for the first time
  • Engineers create a world of difference
  • Bam Aquino becomes Master Splinter’s son after Wiki hack
  • Mark Caguioa lambasts Ginebra teammates on Twitter
  • Opinion

  • Editorial cartoon, April 24, 2014
  • Talking to Janet
  • Respite
  • Bucket list
  • JPII in 1981: walking a tightrope
  • Global Nation

  • PH, HK end bitter row; sanctions lifted
  • 19 Ukrainians, Russians, Filipinas rescued in bar raid
  • Filipinos coming home from Mideast must obtain MERS clearance – DOH
  • US Secret Service in Manila ahead of Obama visit
  • Palace thanks Estrada for successful HK mission
  • Marketplace
    Advertisement