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Nancy Binay on POGO: Is it worth it?

September 22, 2022 - Thursday 10:09 AM by GDM

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Sen. Nancy Binay on Wednesday joined her fellow lawmakers in expressing no hesitation in banning Philippine offshore gaming operators (POGOs) amid a reported rise in crimes linked to the sector.

 

In a statement, Binay said: “Is it worth it? Kund hindi sulit ang kinikita mula sa POGO lalo pa’t dumadami ang krimen na konektado dito handa kami magpasa ng batas para sa total ban ng POGO.”

 

The statement came after POGOs came under scrutiny again at the Senate committee hearing on the reported spate of kidnappings and extortion.

 

Binay noted that the Philippine National Police, as of September 7, logged 27 kidnapping cases so far this year, and 20 of these are related to POGOs.

 

“Dapat pag-aralan ang pros and cons ng POGO at tignan kung may silbi ba ito sa bansa,” she added.

 

The lawmaker noted that Finance Secretary Benjamin Diokno earlier said that the Philippines could move forward without POGOs as revenue generation has already declined.

 

During the Development Budget Coordination Committee briefing at the Senate, the finance chief said that the total revenues from the industry dipped to some P3.9 billion in 2021 from P7.2 billion recorded in the previous year.

 

Meanwhile, Justice Secretary Jesus Crispin “Boying” Remulla is set to meet with Chinese Embassy officials on Thursday to discuss the repatriation of Chinese nationals who lost their jobs following the closure of 175 POGO firms in the country.

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