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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From The UP CMC Foundation Boardroom To The Courtroom?

The controversy has entered a more serious stage, with legal action now being considered by both critics and foundation officials.

UP CMC Demands Answers On Missing PHP4.4 Million

UP CMC is demanding audited statements, accountings, and reconciliations to determine the actual status of funds administered through the foundation.

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.

Why Did UP CMC Walk Away?

UP CMC’s decision not to join the foundation’s general assembly has placed fresh attention on the state of their once-close relationship.

Delinquent At The SEC: How Did It Happen?

Stakeholders are pressing for answers on when compliance issues began, what actions were taken, and how confidence will be restored.
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The June 22 assembly did not end the controversy, as questions over finances and governance continue to echo across the community.
Supporters caution against premature blame, but critics say complete records are necessary to determine accountability and restore trust.
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