news & events


Back To Archives

Circulars 2014
 Prev    Next
Circular No. 23, Series of 2014

Published on February 26, 2014Email To Friend    Print Version

Circular No. 23, Series of 2014

Subject : The Final Financial Report for 2013 – Shows a shocking loss of more than 6 MILLION PESOS

To All PIAP Members:

Dear Fellow Printers & Members,

It is important for our members to know that the year 2013 under the irresponsible and incompetent leadership of Past President Ronnie Sy and Past Secretary Enrique Tansipek ended with great disaster caused by criminal negligence and abuse of power that resulted for the Printing Industries Association of the Philippines (PIAP) to suffer humongous loss and deficit of more than 6 Million Pesos.  No matter how one looks at it there can never be a justifiable reason to cause such a condemnable reckless acts that have resulted in irreparable damages and injuries to our beloved association.

At our recent 1st Regular Board Meeting last January 2014, a resolution was unanimously passed and approved to require both Past President Ronnie Sy and Past Secretary Enrique Tansipek to explain to the members of the Board and our members how such grievious acts were committed without considering and weighing a balance budget which each responsible administration is required to observe and practice in order not to cause great irreparable damages and injuries to our association.

I am attaching hereto the documentary evidence to show the breakdown of how without any conscience that the past leadership have raided and squandered our hard earned money which was placed in a trust account separate from the operation account of PIAP and intended for our dream of establishing a printing school of our very own.

The following will explain in details how Past Pres. Ronnie Sy and Past Sec. Enrique Tansipek without any conscience and remorse raided our precious trust funds which were earned through blood, sweat and tears.

 

...... Download Full Content of Circular No. 23, Series of 2014 with Attachments (16 pages) here..

 


 SEARCH NEWS


 By Keywords

(e.g.Print Philippines 2013)
 By Publish Date

(dd-mm-yyyy)
 

 CATEGORIES


 

 ARCHIVES


 
 

 

 

© Copyright 2015. Printing Industries Association of the Philippines (PIAP). All Rights Reserved Website Design by LEENTech Webdesign Solutions