P700M anomaly: COA flags Willy Ocier?s Pacific Online 2017 revenue report to PCSO as ?doubtful?
The Commission on Audit (COA) found a P688.517 million discrepancy between the 2017 revenues reported by the Philippine Charity Sweepstakes Office and its private lotto game operator, Pacific Online System Corp. led by bilyonaryo Willy Ocier.
In its 2017 annual audit report of PCSO, COA said that while Pacific Online reported in the books P13.466 billion in lotto sales without advance draws in 2017, the firm?s system-generated sales reached only P12.778 billion in a report the company provided to COA auditors.
COA said the ?material discrepancy? between the two reports generated from the system has cast ?doubts on the accuracy and reliability? of Pacific Online?s sales in 2017.
PCSO management explained that the discrepancy was caused by Pacific Online personnel who misunderstood the data being requested by PCSO.
But COA stood its ground that Pacific Online?s report was ?doubtful? considering that the discrepancy remained despite the recalculation.
?The Audit Team disagreed with the contention that the was a misunderstanding by (Pacific Online) on the kind of report being requested since it was very clear from the start that report on sales without advance darw and not the daily sales with advance draw was required,? COA said.
COA noted there was no discrepancy with Pacific Online?s P13.565 billion lotto sales with advance draws during the same period.
COA has asked the PCSO?s main computer center (MCC) to look into the material discrepancy between the sales reports and make the necessary corrections of interventions.
?(PCSO) should also consider the possibility of requiring the MCC head office to prepare or generate sales reports to counter check the sales reports being submitted by the service providers before the same are recorded in the the books to ensure the accuracy and and reliability of the recorded amounts,? said COA.
Pacific Online runs PCSO?s lotto operations in Visayas, Mindanao, and some parts of Luzon.
In contrast, COA did not find any anomaly in the sales report of Philippine Gaming Management Corp. which runs the lotto system in Metro Manila and some parts of Luzon.