Mahaba ang sagot ng VisionQwest Resource Group sa balita tungkol sa termination ng kanilang kompanya bilang accountant ng mga business at personal interests ni Congressman Manny Pacquiao.
Kinumpirma ni Michael Lodge (VisionQwest Resource Group president and CEO) noong August 2011 na nakatanggap sila ng termination letter mula kay Manny sa pamamagitan ng fax.
Sinabi ni Lodge na may pressure sa Filipino boxing champ na bitawan nito ang accounting firm, sa kabila ng pagkakaroon nila ng kontrata.
Mabilis na itinanggi ni Michael Konz (chief adviser ni Manny) na may kinalaman siya o si Bob Arum ng Top Rank sa desisyon ni Manny na i-terminate ang serbisyo ng VisionQwest.
Nangako si Lodge na haharapin nila ang isyu sa maayos at wastong paraan kaya tumagal ng isang buwan bago sila naglabas noong September 20 ng mahaba at detalyadong sagot.
Matindi ang mga rebelasyon ng VisionQwest dahil nagpahiwatig sila na hindi naging tapat kay Manny ang chief adviser nito at ang Top Rank Inc.
MISSING MONEY. Isang dahilan daw kung bakit kinuha ni Manny Pacquiao ang serbisyo ng accounting firm ay para hanapin ang diumanong "missing money."
Ayon sa pahayag ng VisionQwest, "Manny believed his fight promoter was not paying him his fair share. During the course of his contractual relationship with Top Rank, Manny never had anyone review the bout Income Statements generated by Top Rank."
Dagdag pa ng kompanya: "From the beginning of the review and examination in late 2010 of Top Rank Bout income statements, Top Rank, Inc. and its majority owner Bob Arum provided us with minor documentation, then in 2011 became very hard to work with and would not respond to requests for documentation and answers to questions.
"We were also able to identify ridiculous amounts of money being paid to Michael Koncz and the fact that Michael Koncz not only worked for Manny and MP but Top Rank, Inc. as well...
"We were able to obtain some documents from the Nevada Athletic Commission to verify inconsistencies in reporting and documentation."
At nang sinisingil na daw ng VisionQwest si Manny for their services, sinabi daw ni Manny that "he would deposit the check and then wire the funds."
Pero, sabi ng VisionQwest, "Since the last meeting with Manny where he received his check, VQ has not received any payment for any of their accounting and tax audit work performed, nor has Manny even paid back money he and Mike Koncz borrowed from VQ to help purchase a home for Mike Koncz in Orange County, California.
"VisionQwest has always remained in compliance with their contracts to Manny and MP and performed their work professionally."
ANG BUONG PAHAYAG NG VISIONQWEST (VQ):
"Prior to 2010, Manny Pacquiao ('Manny') and MP Promotions, USA, Inc. ('MP') never had a full-time accountant or a bookkeeper, and did not have a full-time accounting firm.
"Michael Koncz is the business advisor of both Manny and MP and he has no accounting degrees or training, yet he is in charge of their finances. For every year before Manny and MP hired VQ for their accounting needs, they would hire different accountants who simply plugged in numbers supplied by Michael Koncz into the taxation forms and filed them with the IRS, without any backup or reconciliation.
"Due to this mode of operation on the part of Michael Koncz, Manny and MP had audits issued against them for at least two prior years (2006, 2007).
"In 2010, Koncz and Team Pacquiao reached out to VQ, desperately needing their help. VQ has several businesses including accounting and tax services. VQ services cover at least two continents and have gained a lot of notoriety among its clients and the public as well.
