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Bacolod City, Philippines Tuesday, September 10, 2013
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We have financial
statement: PACE


Officials of the Progressive Alliance of Capitol employees yesterday denied allegations that they have no financial statement on their operations.

PACE chairman Ruben Diamante said the findings and evaluation of their credible, external and independent auditor, is clear proof that PACE continues to protect its members welfare.

Diamante and PACE Secretary Renelo Lastierre presented to the media the statement of their external auditor Remia Dayon, that she had audited PACE and PACE Care.

An audited financial report is a requirement of the Civil Service Commission and the Bureau of Labor Relations as part of their accreditation in order to be recognized by the province of Negros Occidental as the union representing its employees, Diamante said.

Lastierre said the fact that they regularly renew their accreditation and registration negates the information that they are not complying with the requirement for a financial report.

This is an issue rehashed since December, he added.*CPG



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