0
Posted November 26, 2013 by Luis Mercado in Sports
 
 

Manny Pacquiao Is Borrowing Money For Typhoon Aid

Manny Pacquiao may be a world class fighter selling tons of Pay-Per Views, but his troubles with the IRS is holding him back from helping his country in aid of a huge hurricane.

After beating Brandon Rios Saturday night, Pacquiao had intended to use his money to provide aid to his people in the Philippines which were affected by Typhoon Haiyan. But the IRS froze his bank account because he has yet to prove he paid taxes in 2008-2009, meaning he owes about $50 million.

The Filipino congressman spoke on his issues to reporters in front of his home.

“I appeal to them to remove the garnishment so that I can move and pay for my staff’s salaries. I am not a criminal or a thief. The money that was garnished by (the Bureau of Internal Revenue) is not stolen. This came from all of the punches, beatings, blood and sweat that I endured in the ring.”

“Pac Man” is still trying to hold his promise to his people borrowing over 1 million pesos or $22,700 to help send supplies before his fight, and will continue to provide as much aid as he can despite his tax troubles.

AP