PRESS RELEASE: Former Filipino BC Directors Challenge Board’s Evasive Response, Warn Transparency Failure May Trigger Legal Action

Posted by ReyFort Media

Vancouver, BC – Former directors and members of Filipino BC are denouncing what they describe as an evasive and inadequate response from the organization’s Board of Directors to their initial demand for financial transparency, warning that continued non-disclosure may result in court action.

This legal action may also include potential claims against any current directors, including, but not limited to, Chair RJ Aquino and Executive Director Kristina Corpin-Moser.

In response to the Board’s December 3, 2025 letter, the former directors state that Filipino BC failed to provide basic financial records, clear explanations, or lawful disclosure regarding funds raised for victims of the Lapu-Lapu Day Festival tragedy. Instead, they say the Board’s response deflected responsibility, relied on third-party references, and avoided answering the core question: where the money went.

“The Board was given a clear opportunity to be transparent. It chose not to be,” the former directors said. “What we received was not disclosure — it was deflection.”

The former directors also raised serious concerns about a follow-up letter provided by an accountant who does not appear to be a designated Chartered Professional Accountant and who addressed matters of legal interpretation rather than providing verifiable financial accounting.

Filipino BC has attempted to shift responsibility to organizations such as United Way BC. The former directors reject this position outright, noting that Filipino BC independently raised funds, paid its own employees and contractors, and therefore remains fully and solely accountable for its own financial activities under British Columbia law.

They further dispute Filipino BC’s claim that certain individuals are not members in good standing, confirming that no memberships have been lawfully terminated under the Societies Act or the society’s bylaws.

According to the former directors, Filipino BC has failed to produce records it is legally required to maintain and disclose, including complete accounting records, board minutes, resolutions, financial statements, conflict-of-interest disclosures, remuneration details, and documentation showing how decisions were approved and funds were distributed.

The group is demanding immediate disclosure of all records related to:

• Funds raised for Lapu-Lapu Day victims
• All disbursements, recipients, salaries, fees, honoraria, and administrative costs
• Board approvals, internal controls, and financial oversight mechanisms
• Any undistributed funds and the timeline for their release
• “Transparency is not optional when public trust and victims’ welfare are at stake,” the former directors said. “Failure to disclose is a breach of duty.”

The former directors warn that if Filipino BC does not provide the requested records, they are prepared to seek leave from the Supreme Court of British Columbia to commence a derivative action under section 103 of the Societies Act against Filipino BC and any directors who have failed to act honestly, in good faith, and in accordance with their legal obligations.

“This organization raised money in the name of tragedy,” the statement concludes. “The community deserves the truth — not silence, misdirection, or half-answers.”

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