Stolen Or Misappropriated? UP CMC Foundation Admits PHP4.4 Million Missing

Questions remain over how P4.4 million went missing from accounts meant to support UP CMC programs, projects, and staff.
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What Did The Foundation Actually Accomplish?

As questions continue, stakeholders are pressing for documentation that connects foundation spending to real outcomes for the MassCom community.

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From PHP4 Million To PHP400,000: Where Did The Money Go?

The June 22 assembly did not end the controversy, as questions over finances and governance continue to echo across the community.

Stolen Or Misappropriated? UP CMC Foundation Admits PHP4.4 Million Missing

Questions remain over how P4.4 million went missing from accounts meant to support UP CMC programs, projects, and staff.

Who Was Running The Foundation When The Money Declined?

Supporters caution against premature blame, but critics say complete records are necessary to determine accountability and restore trust.
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Supporters defend years of service, while critics argue that professional stature makes transparency and accountability even more necessary.
UP CMC is demanding audited statements, accountings, and reconciliations to determine the actual status of funds administered through the foundation.
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