Ex-PAGCOR chair, 4 others get 100 years for graft in the Philippines

[Starmix]

According to the report, former Philippine Amusement and Gaming Corp. (PAGCOR) chairman Efraim Genuino and four other former top officials of the state gaming firm have been sentenced to over 100 years of imprisonment for multiple counts of graft and malversation involving the alleged misuse of P50.05 million in agency funds.

The report said that in a 257-page decision promulgated yesterday, the Sandiganbayan Third Division found Genuino, former PAGCOR president and chief operating officer Rafael Francisco, former senior vice president for administration Rene Figueroa, former SVP for corporate communications services Edward King and former assistant vice president for the internal audit Valente Custodio guilty of five counts each of violating Republic Act 3019 or the Anti-Graft and Corrupt Practices Act. They were also convicted of five counts of malversation of public funds under Article 217 of the Revised Penal Code.

For the graft charges, each was sentenced to six to 10 years in prison per count and perpetually disqualified from holding public office. For malversation, the penalties imposed were: 10 to 17 years of imprisonment for two counts, six to 11 years for one count and reclusion perpetua – or 20 to 40 years – for the remaining two counts. They were also ordered to pay a total fine of P45.17 million.

 

[magnus2022]

Believe! I really admire the courage of the judge and the entire judicial system. If we have such brave and incorruptible leaders in my country, a lot of politicians will be rotting in jail

 

[Starmix]

Two of our Ph Presidents Joseph Estrada and Gloria Macapagal Arroyo, 4 senators, and 5 congressmen were jailed because of graft and corruption and malverasation of public funds.