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Philippines, 18 Sep 2025 |
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PH GOV'T TAKES ACTION ON IBO CHAMP'S UNPAID PURSE PhilBoxing.com Tue, 28 Apr 2015  The unpaid prize money of International Boxing Organisation (IBO) champion Rey Loreto who defended his junior flyweight title March 23 against Zulu fighter Nkosnathi Joyi has now become an issue between the Philippine and the South African governments. Juan Ramon Guanzon, chairman of the Games and Amusements Board (GAB), the Philippines professional sports supervising body, has asked Secretary Ramon del Rosario of the Department of Foreign Affairs for his help in taking up the problem with the South African Foreign Office because of the involvement of officials of Boxing South Africa, a government agency, and the Provincial Government of Eastern Cape in what the handlers of Loreto called a "deceit" involving the non-payment of $45,000 in boxers' prize money. Guanzon has also communicated officially with the head of Boxing South Africa Nthambi Ravele calling the attention of the South African boxing body to the failure of promoter Siphatho Handi in paying Loreto and another Filipino boxer, Jetly Purisima, the remaining balance of $45,000 of their contracted prize money. The GAB Chairman also wrote officially the IBO President, Edward Levine, to also call the attention of the boxing body to the action of Siphatho Handi, an IBO licensed promoter, who staged the IBO World Title fight between Loreto and Joyi. The GAB Chairman's actions came after a formal letter was submitted to the Philippine boxing body by former North Cotabato Governor Manny Pi?ol seeking the Philippine government's help in collecting from the South African promoter the prize money due to Loreto and Purisima. Pi?ol who is chief executive officer of Sonshine Sports Management which holds promotional contracts with Loreto and Purisima informed the GAB that on March 22 before the weigh-in for the March 23 title fight Handi, in the presence of representatives of the Eastern Cape Provincial Government, Boxing South Africa and IBO, claimed that the sponsorship payment from the Eastern Cape Provincial Government was delayed. With the assurances from representatives of the Eastern Cape Provincial Government and Boxing South Africa, and the presence of the IBO supervisor, that the prize money would be remitted to Pi?ol's Philippine bank account on March 25, the Loreto and Purisima agreed to fight. Loreto, 23, knocked out Joyi in the first round while Purisima lost by decision to another South African boxer in 10 rounds. Handi, however, failed to fulfil his commitment to remit the prize money of the boxers until today, over a month after the fight in East London, South Africa. The intervention of the Department of Foreign Affairs in the non-payment of the Filipino boxers' prize money will be the first instance where the Foreign Office has stepped into a case involving an injustice done on Filipino boxers fighting abroad. Sonshine Sports Management will also take legal action against promoter Siphatho Handi with the help of a South African law firm to seek the collection of the boxers' prize money including civil damages. (Photo caption: Delinquent South African Promoter Siphatho Handi stands between Filipino champion Rey Loreto and South African challenger Nkosinathi Joyi after the weigh-in for the March 23 title fight in East London, South Africa.)  |
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