Did Michael Yang act alone in P8.7-billion Pharmally deals? – Lacson

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 86%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

Lacson: “The bigger mystery that has yet to be unraveled by the [blue-ribbon] committee is: Are there bigger and more important personalities behind Yang, or did he act on his own?” | deejayapINQ

In a bombshell testimony on Friday, two Pharmally executives said Yang personally loaned money to help the trading firm pay Chinese companies for medical supplies ordered by the Philippine government—belying Yang’s claim that he only introduced a Pharmally director to his friends among suppliers in China and had no role in the transactions.

“This is why we need to find out how much of the full P42 billion was awarded to Pharmally in order for the committee to at least estimate the total profit that went to Michael Yang,” Lacson said.The Pharmally contracts were part of the P42 billion in pandemic response funds that the Department of Health transferred last year to the Procurement Service of the Department of Budget and Management to buy supplies on its behalf.

Still, Senate Minority Leader Franklin Drilon said in a radio interview that Yang could not be held liable simply for giving Pharmally a loan “unless he is part of a conspiracy in order to qualify Pharmally to bid even though it had no financial capacity.”Lacson said the “measly shares of P50 million each” given to Huang and Ong were based on “initial information” that he received during a recess called by the committee.

They also said the “shameless” misuse of funds during a public health crisis “seems to break all records.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

deejayapINQ We need a leader like you senator ping

deejayapINQ Yang ang presidente ko hindi titigil hanggang hindi lumalabas ang katotohanan

deejayapINQ Keep on digging senator ping we need the truth. We support you

deejayapINQ Pigain mo pa sila senator ping para mahubaran na sila ng maskara

deejayapINQ May mataas pa na humawak dyan kita naman sa reaksyon ng palasyo

deejayapINQ Sino yung kumakahol at nagagalit? Yun na!

deejayapINQ In his yet another attempt at the presidency, PingLacson chose the oldest trick in the dirty book. Mudslinging.

deejayapINQ Bakit puro tanong ka ngayon?! Para lang may masabi ?! Bakit hindi mo pangalanan! DUTERTE, ROQUE, BONG GO!

deejayapINQ VHHO VHHO na lang ang pinoy na di makaka hula

deejayapINQ Parang di natin alam ang galwang “Mafia” style sa Davao🤔🤔🤔Yang acting alone? 😂😂😂

deejayapINQ Was there a crime committed? Panay chismis lang si baklang Lacson

derek27official deejayapINQ If he acted alone, why the rabid defense from malakanYang?

deejayapINQ You will not catch Duterte red-handed with corruption. He has people to do that for him.

deejayapINQ ?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senate wants to arrest Michael Yang, but there's a problem...Senate wants to arrest Michael Yang, but there's a problem… Actually Drilon, Gordon, Hontiveros, Pangilinan and Lacson wanted him arrested together with Ong but not the Senate as a whole. Haha. The fishers make it look very funny. logistics ang problema? you must be kidney hehe
Source: manilabulletin - 🏆 25. / 51 Read more »

Duterte defends Pharmally Corp. in alleged overpriced dealsMANILA, Philippines — President Rodrigo Duterte has defended the Pharmally Pharmaceutical Corporation on the issue on alleged overpriced personal protective equipment (PPE), as the Senate
Source: cebudailynews - 🏆 8. / 71 Read more »

Budget tracker cites red flags in Pharmally dealAn advocacy group that tracks state spending on the COVID-19 pandemic said it identified at least 6 'red flags' in the government's deals with Pharmally Pharmaceutical Corp. COA said there is no anomaly. Vote wisely in 2022
Source: ABSCBNNews - 🏆 5. / 83 Read more »

Duterte defends Pharmally Corp. in alleged overpriced dealsPresident Rodrigo Duterte has defended the Pharmally Pharmaceutical Corporation on the issue on alleged overpriced PPE, as the Senate continues to investigate government deals with the company during the pandemic. | cgonzalesINQ cgonzalesINQ Halata naman masyado. Panic ka na? cgonzalesINQ Tagapagtanggol? cgonzalesINQ Ano nga bang job description neto Sino pwede magremind sa kanya
Source: inquirerdotnet - 🏆 3. / 86 Read more »

WATCH: 'Hindi normal,' says tax expert Mon Abrea of Pharmally's financial recordsTax expert Mon Abrea raises red flags in the financial records of the country's biggest pandemic contracts supplier, Pharmally Pharmaceutical Corporation. BudgetWatch He is so gay!! Making pa cute TaxWhizPH you dont even know dealings sa Taxes ng PSDBM. Umalis ka na diyan
Source: rapplerdotcom - 🏆 4. / 86 Read more »