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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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.

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.

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.

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.

Locked Out Of The UP CMC Foundation?

Stakeholders continue to ask whether participation requirements were communicated fairly before decisions affecting the foundation’s future were discussed.
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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.
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