A former employee of an Iloilo-based flour milling company is now facing criminal charges in court for his alleged failure to remit to his employer proceeds from the sale of flour.

Philippine Foremost Milling Company (PFMC), recently fired Joel Regula Uy for his alleged failure to account for at least, P2 million worth of flour sales in Visayas and Mindanao.

In an official statement to the media, PFMC underscored that Uy's anomalous activities had only been discovered in the latter part of last year when the company's external auditors noted discrepancies between the volume of sales reported and the amount of revenues remitted to the company.

A resident of Brgy. Hughes, Iloilo City, Uy said that he is answerable to all the complaints filed by his former employer in court and that he would face "whatever consequences sanctioned by the court of law."

In his letter to PFMC chairman Alfonso Uy, Joel Uy admitted that he had failed to account for "certain amounts" related to the sale of flour in Mindanao and Visayas and that he would face any charges leveled against him by the company.*