Monday, June 27, 2011

PCSO BARES AD KICKBACKS


By Gil C. Cabacungan Jr., Leila B. Salaverria, Philippine Daily Inquirer

Friends in media of then President Gloria Macapagal-Arroyo got hefty kickbacks from advertising placements of the Philippine Charity Sweepstakes Office (PCSO) on their radio programs, television shows or newspapers, the new PCSO management said.

PCSO Chair Margarita Juico said the commissions ranged from 40 percent to 50 percent of the ad budget. The media personalities themselves put up the ad agencies to facilitate their commissions. [ FULL STORY ]