Onyok Velasco Reminds Gov’t 1996 Silver Medalist : Where’s my P2.5M incentive? | Get Daily Trending and Viral topics in Politics, Showbiz, News, Sports and Entertainmen DUTERTE TODAY

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Twenty years after he won a silver medal in boxing at the Atlanta Summer Olympics in 1996, Mansueto “Onyok” Velasco has yet to receive the P2.5 million incentive that was promised to him by the government, Velasco himself disclosed in a radio interview on Monday, August 8.

Velasco’s revelation came after Hidilyn Diaz bagged the silver in the 53-kg division of the women’s weightlifting competition at the Olympics in Rio de Janeiro in Brazil. Aside from weightlifting, 12 other Filipino athetes are competing in table tennis, athletics, swimming, boxing, and judo.



WATCH: Philippines Hidilyn Diaz wins Weightlifting Silver Medal in RioOlympics 2016

Velasco said that he has not yet received the P2.5 million incentive offered by the government to national athletes who would bring home a silver medal in the Atlanta Olympics.

“Kasi yung iba po, kontrata yan eh, di natutupad, kaya yung iba nadismaya din magpursige,” said Velasco in response to a question on whether he has gotten the monetary reward that has been promised to him.

(Well, it’s supposed to be a contract, and it hasn’t been followed, that’s why the others are discouraged from doing their best.)

Based on the 1989 Republic Act No. 9064, national athletes, coachers, trainers shall receive cash grants and other monetary benefits.

In 1996, P5 million was allotted to a Filipino Olympian who would bring home the gold; P2.5 million for a silver medalist; and P1 million for a bronze medalist.

However, the law was amended in 2015, which raised the incentive for an Olympic gold medalist to P10 million, P5 million for a silver medalist and P2 million for a bronze medalist.

With her silver medal finish, Diaz is expected to receive P5 million from the government.


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