PAGCOR temporarily stops accepting applications for medical assistance

The Philippine Amusement and Gaming Corp. (PAGCOR) on Wednesday said it will temporarily stop accepting medical financial assistance applications.

"PAGCOR decided to cease receiving requests for financial assistance following the incident involving a couple who attempted to defraud the agency by submitting spurious documents for fictitious medical cases," the firm said in a statement.

PAGCOR is a 100% government-owned and controlled corporation (GOCC) under the Office of the President of the Republic of the Philippines.

Under its charter, PAGCOR is mandated to generate revenues for the Philippine government's socio-civic and national development programs, among others.

Republic Act 7656 or the Dividend Law mandates PAGCOR to remit at least 50% of its annual net earnings as cash, stock, and/or property as dividends to the National Government.

According to the agency, the suspects who attempted to defraud were arrested by the Manila Police District (MPD) operatives, following an entrapment operation.

They are now facing charges for falsification of public documents by a private individual and using false certificates.

"Pending the results of an on-going investigation to the case, the state-run gaming firm freezes its accommodation of requests for medical aid," it said.

"PAGCOR likewise warns against all those who plan to do the same as it is employing meticulous measures to evaluate documents submitted to the agency for financial assistance," it added. —NB, GMA News