Onyok Velasco Reportedly Rejects P10M for His Silver Medal Offered by Private Collector

“I think the Ramos administration disrespected not only Mr. Onyok Velasco, but also his fans and all the Filipino people who supported him during his Olympic years. No one can blame him if he felt left alone”, former Olympic coach Rafael Silvestre told Radyo Agong on Thursday.

The issue on Onyok Velasco, a 1996 Atlanta Olympic Silver Medalist, was brought-up several days ago after Filipina weightlifter Hidilyn Diaz won a silver medal on 2016 Rio Olympics. Diaz received P5 million pesos from the Philippine government, and another P2 million cash bonus from President Rodrigo Duterte.

Velasco, who won the same medal through boxing, received nothing from the Philippine government under the Ramos administration 20 years ago. Velasco said he never received that P2.5 million incentive promised by the government.

Velasco said that he has not yet received the P2.5 million incentive offered by the former Ramos government to national athletes who would bring home a silver medal in the Atlanta Olympics.

“Kasi yung iba po, kontrata yan eh, di natutupad, kaya yung iba nadismaya din magpursige,” said Velasco in response to a question on whether he has gotten the monetary reward that has been promised to him.

Netizens reacted online after Velasco’s revelation, criticizing the government of former President Ramos, calling him corrupt and some unwelcoming words.

“It seems people feel the sentiment of Onyok”, Silvestre added.

Despite the government ignored Velasco, the Olympian still managed to land some decent jobs on Showbiz as comedian and actor and made his life out of it.

But his Olympic story does not end where his boxing career halted.

After hearing the viral news about his failed bonus, a rich museum owner in Quezon City reportedly offered him P10 million for his silver medal according to a friend close to Velasco.

I think the man pitted Onyok, but also interested to keep his medal inside his Museum”, a friend who refused to identify himself told Radyo Agong. The source did not name the interested museum owner, but said “he is persistence and wanted to help Onyok”.

“I think Onlyok is not interested in private money. He just wanted to be compensated morally and emotionally, and to make his supporters happy. The supposed incentive from the government can close this issue”, his friend added.

“A group of his friends in showbiz and boxing are planning to ask Pres. Duterte if he still can be compensated although the money might have been spent by previous administration. After all, he worked his ass in there at Atlanta”, the source said./Fanny Tumawa/

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