CAPITOL COMPLEX, Pili Camarines Sur (Aug. 15, 2011) — Cobra Ironman Philippines has been successfully held at the government-owned CamSur Watersports Complex in Pili, Camarines Sur since 2009. But it appears the Provincial Government has not been transparent in reporting income and expenses in connection with the holding of the prestigious international event.
A member of the Sangguniang Panlalawigan,Charie Pante, is asking the Provincial government to be transparent on the expenses and earnings on the staging of world-renown triathlete event “COBRA IRONMAN 70.3” that has been held yearly since 2009 at the Camarines Sur Watersports Complex (CWC) owned by the provincial government .
Pante,considered the lone opposition in the Provincial Board, reiterated her clamor for the Provincial treasurer or the tourism officer of the province to present to the Provincial Board, a financial report on the profit and expenses of “Ironman” events.
Pante stressed, that organizer of the triathlete event, “ the Sunrise Events” firm, is using the manpower and facilities of the provincial capitol, but for the last 2-years that the event was held, the Provincial Treasurer has consistently turned-down her requests to present a financial report on “Ironman.”
According to a press statement, this year’s “COBRA IRONMAN 70.3” will be the last of part of a three-year franchise.
The event held here yesterday (Sunday) was the last qualifying race in Asia before the 2011 “Ironman” World Championship to be held in Las Vegas, Nevada on Sept. 11 this year.
Alaska Milk president and Chief executive officer and Sunrise Events president, Steven Uytenqsu Jr., said “we hope for the renewal of contract to hold “Ironman” in Camarines Sur for another three-years, due to the overwhelming support the organizers are getting from Governor “L-Ray” Villafuerte.“
Over a thousand triathletes took part in the Cobra Ironman 70.3 Philippines yesterday. Australian Pete Jacobs successfully defending his crown with a time of 3:51:43.
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