English: The senator said that under the TOR, an entity to be qualified as a third-party auditor must have an operating capital of at least P1 billion. Based on the audited financial statements of the members of the consortium for the third-party auditor, their combined equity does not meet the P1 billion requirement. To comply, Global ComRCI submitted a bank guarantee issued by Soleil Chartered Bank in its favor in the amount of $25 million. However, it was revealed by the Bangko Sentral ng Pilipinas (BSP) that Soleil Chartered is not a registered bank in the country and therefore, cannot issue a bank guarantee in the Philippines.
Filipino: Sinabi ng senador na sa ilalim ng TOR, ang isang entity para maging kuwalipikado bilang third-party auditor ay dapat mayroong operating capital na hindi bababa sa P1 bilyon. Batay sa audited financial statements ng mga miyembro ng consortium ng third-party auditor, ang kanilang pinagsamang equity ay hindi nakakatugon sa P1 bilyon na requirement. Para makasunod, nagsumite ang Global ComRCI ng bank guarantee na inisyu ng Soleil Chartered Bank sa halagang $25 milyon. Pero ibinunyag ng Bangko Sentral ng Pilipinas (BSP) na ang Soleil Chartered ay hindi rehistradong bangko sa bansa at hindi maaaring mag-isyu ng bank guarantee sa Pilipinas.