Nesthy Petecio to receive at least P17M cash rewards, free flights, condo, house and lot with silver medal win

Filipina boxer Nesthy Petecio will receive at least P17 million in cash rewards, a condominium, and free flights following her silver medal win in the Tokyo 2020 Olympics on Tuesday.

Petecio is set to receive P5 million to be given by the Philippine government to Olympics silver medalists, as mandated by Republic Act 10699.

On top of that, the MVP Sports Foundation pledged to give P5 million for every Filipino athlete who will win a silver medal.

Philippine Olympic Committee president and Rep. Bambol Tolentino last July said business tycoon Ramon S. Ang will also give an additional five million pesos for a silver medalist.

Athlete, sports patron, and Rep. Mikee Romero will add P2 million in the said pot.

Even before her gold medal match, Ovialand had already pledged a house and lot worth P2.5 million as a reward for Petecio's Olympic performance.

Andrew Tan's Suntrust will also give Petecio a condominium inside the property developer's Davao Park District.

Meanwhile, the Philippine Airlines will also entitle the boxer a 'Forever Flyer' reward, which will give her 60,000 Mabuhay Miles per year, for her lifetime.

Petecio on Tuesday won the silver medal after falling short against Japan's Sena Irie in the women's featherweight division finals.

—Justin Kenneth Carandang/JMB, GMA News