Sections NaFFAAgate Loida Lewis Finally Sends in “Consuelo-de-Bobo” Financial Reports But Move Opens Can of More Worms
| Loida Lewis Finally Sends in “Consuelo-de-Bobo” Financial Reports But Move Opens Can of More Worms |
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| Sections - NaFFAAgate | |||
| Written by Bobby M. Reyes | |||
| Sunday, 12 September 2010 10:20 | |||
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Part Five of “Butanding Brouhaha” Series H allelujah! Finally after nearly a decade, Atty. Loida Nicolas-Lewis caves in to a demand sent by this writer for a financial report about a fundraising spearheaded by her group. She sent the requested documents through Chicago-based journalist Joseph G. Lariosa, who is serving like then State Secretary Henry Kissinger in performing “shuttle diplomacy.” Ms. Lewis does not now talk by phone or e-mail directly to and with Bobby Reyes. She has been coursing all communications through Joseph “Kissinger” Lariosa. But one Filipino-American CPA made a cursory look at the financial reports sent by Ms. Lewis and the accountant said that they are like consuelo-de-bobo types of reporting. The “INCOME” part of the report does not contain itemized details as to where, for instance, the funds came from. The CPA also said that the expenses for the website amounted to $3,805 paid to Harmony Business Solutions and 109,200.00 pesos (approximately $2,400) paid to Webmaster Rom Flores. The website expenses will certainly raise eyebrows because the website, www.NOYMAR2010.COM, appears non-operational due to “technical difficulties.” Then there is another bill by DK Jennings Consulting, Inc. for “Website setup-Philippines (RP) for $1,826.00."
Perhaps now that Attorney Lewis has complied initially with the request for accountability and transparency, she may now provide the missing data and the other details of the financial transactions undertaken by the NoyMar2010 organization that she spearheaded. REPORT OF LOIDA N. LEWIS INCOME/EXPENSES INCOME: TOTAL FUNDS AS OF AUGUST 2010 $111,443.46 EXPENSES:
Check # Date Payable to DESCRIPTION Amount 0126 0127 0128 0129 0130 0131 0132 0133 0134 0135 0136 0137 0138 0139 0140 TOTAL EXPENSES PAID: $107,722.00
1/13 Checkbook charge $ 77.73 1/10 January Bank charge 50.00 3/10 March Bank charge 85.00 4/10 April Bank charge 120.00 5/10 May Bank Charge 795.00 7/30 stop payment fee 25.00 TOTAL BANK FEES: $1,152.73
EXPENSES/BANK FEES GRAND TOTAL: $108,037.73 TOTAL Funds as of
T he second report sent by Loida Lewis purportedly comes from a Karina David, who is described as the “Pnoy Pinay treasurer.” From Karina David, Pnoy Pinay Treasurer: PnoyPinay - P3,000,000.00 Odette Ong - 2,000.000.00 Loida Lewis - 4,562,000.00 Total P9,562,000.00 Less: Expenses: 7,656,334.50 BALANCE P1,905,665.50 Returned to Loida Nicolas Lewis, the amount of P905,665.50 From Grace Enriquez, Mrs. Loida Nicolas Lewis' Treasurer P905,665.50 Less: Expenses Remuneration to Liza Soriano P20,000 x 8 months (Dec 2009 -July 2010) P160,000 Payment to Webmaster, Rom Flores (up to July 2010) 109,200.00 P319,200.00 Balance P586,465.50 (Series to be continued . . .)
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| Last Updated on Monday, 13 September 2010 15:06 |
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Benjamin Franklin said in 1817: In this world nothing can be said to be certain, except death and taxes. But never in his wildest dream did he realize that by 2010, death would be synonymous with taxes~Bobby M. Reyes
This so called "Consuelo-De-Bobo" revelation of Ms. Loida Lewis, as to where the money went and how it was spent, is this for the consumption of readers like me, who are "bobos"?
Jesse