Pharmally case closed? - BusinessWorld Online

6/7/2022 9:16:00 AM

OPINION | Pharmally case closed? [By Oscar P. Lagman, Jr.] READ:

OPINION | Pharmally case closed? [By Oscar P. Lagman, Jr.] READ:

On Feb. 1, Senator Richard Gordon, chairman of the Senate Blue Ribbon Committee, released the 113-page draft report on the months-long investigation into the government’s use of pandemic funds and its transactions with Pharmally Pharmaceutical.

ftfirm, bag a P10-billion contract with the government. The report further said Duterte betrayed public trust when he sought to discredit not just the Senate but also the Commission on Audit whose state auditors first reported on the anomalies in the Pharmally deals.

cial committee report before it could be submitted for plenary deliberation. But as of June 3, only eight senators other than Gordon had signed the report. They were Senate President Pro-Tempore Ralph Recto, Senate Minority Leader Frank Drilon, Senators Leila de Lima, Risa Hontiveros, Ping Lacson, Manny Pacquiao, Kiko Pangilinan, and Koko Pimentel.

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The report recommended the fi ling of plunder, gra ft , and other criminal charges against Health Secretary Francisco Duque, former Budget Undersecretary Christopher Lao, Overall Deputy Ombudsman Rex Warren Liong, Chinese businessman Michael Yang, and Pharmally executives.The government has tended to exclude the broader public from discussions on public f inances, leaving them uninformed of the costs of foreign-funded projects, according to Sonny A.A poll of 16 analysts yielded a median estimate of 5.JG Summit Olefins Corp.

The report also said that at some point after his term of of fi ce, charges must be considered against Pres. Duterte because he “betrayed the public trust” when he appointed Yang as his economic adviser and allowed him to help Pharmally, a newly created undercapitalized fi rm, bag a P10-billion contract with the government. “Governments have for too long portrayed economic policymaking as the domain of experts and of fi nance in particular as its most rare f ied realm,” he said in a Messenger chat. The report further said Duterte betrayed public trust when he sought to discredit not just the Senate but also the Commission on Audit whose state auditors first reported on the anomalies in the Pharmally deals. If realized, this would be the quickest since the 6. The report required the signatures of at least 11 of the 20 members of the endorsing committee to be accepted as an of fi cial committee report before it could be submitted for plenary deliberation.” Failure to engage the public on the national debt and inform them of the consequences e f fectively excludes them from governance, Mr. But as of June 3, only eight senators other than Gordon had signed the report. Go said in a statement over the weekend.

They were Senate President Pro-Tempore Ralph Recto, Senate Minority Leader Frank Drilon, Senators Leila de Lima, Risa Hontiveros, Ping Lacson, Manny Pacquiao, Kiko Pangilinan, and Koko Pimentel. “CSOs have long proven their ability to serve as organized channels of the broad public interest independent of vested political and economic interests,” he said.9% print seen in April and 4. The other members of the Senate Blue Ribbon Committee who did not affix their signature were Senate Majority Leader Migz Zubiri, Senators Sonny Angara, Pia Cayetano, Sherwin Gatchalian, Bong Go, Lito Lapid, Imee Marcos, Grace Poe, Bong Revilla, Francis Tolentino, and Cynthia Villar. Zubiri and Gatchalian said they would have signed the report if it did not include the name of President Duterte.” President Rodrigo R. But the report did not accuse the President of plunder, graft, or any criminal charge.7-4. What it said was charges must be considered against him because he “betrayed the public trust.76 trillion in debt when he steps down on June 30. Go said.

” De Lima expressed disappointment at the failure of the Blue Ribbon Committee to get the required 11 signatures on the report. She said, “To let these people get away with plunder and corruption smacks of gross dereliction of duty on the part of the Senate.2% from a year earlier according to preliminary data from the Bureau of the Treasury. “Crude oil prices continue to rise and its effects are spreading to other consumer goods and services,” Victor A. The report would now have to be archived, as if no anomaly happened.” She considers it tantamount to letting culpable parties go scot-free. Africa said. Considering that all the 18 hearings of the committee were televised, exposing to the public the apparent anomalous transactions of Pharmally and the obvious attempts of the President to disrupt the investigation and to shield certain of fi cials from being interrogated, a senator not signing the report can be taken to mean he or she would dismiss the Blue Ribbon Committee’s report of massive graft and corruption in order not to alienate the President. Data from the Department of Energy (DoE) showed that gasoline, diesel, and kerosene prices have jumped by P23. “Since it has been established that LLDPE pellets and granules were not imported in increased quantities (whether absolute or relative to domestic production) during the period of investigation, the determination of serious injury or threat thereof, causation, and unforeseen developments has become moot and academic,” it added.

Hontiveros, who was re-elected to the Senate, said she was open to sponsoring a resolution calling for an inquiry into the Pharmally controversy. The Sri Lankan economic crisis was attributed to the government’s handling of the national debt, allegedly accompanied by corruption. She is hopeful of getting the support of President Duterte’s allies in the Senate and those incoming senators who ran under the Marcos-Duterte ticket. I think it is wishful thinking on her part. Ofreneo, president of the Freedom from Debt Coalition.65 per liter, respectively, year to date as of May 31. Allies of President Duterte rarely attended the hearings on the Pharmally case. Of those who signed the report, only Hontiveros and Pimentel will still be in the Senate.” Mr.

Of the seven other signatories, two ran for re-election to the Senate and four for higher of fi ce. Ricafort said. All lost.5-billion budgetary support loan, both the bank and the Department of Finance (DoF) claimed that the debt scenario for the Philippines was “sustainable” and is not expected to exceed the debt-to-GDP threshold of 60%. One ran for a seat in the Lower House and another decided to retire. Four of their replacements — Robin Padilla, Loren Legarda, Mark Villar, and Jinggoy Estrada ran under the Marcos-Duterte banner. “It is our collective hope that President-elect Ferdinand R. Supply chain issues have forced up production costs from everything from bread, to fish and vegetables,” ING Bank N. Senate President Tito Sotto in his valedictory address had the gall to appeal to the incoming Senate to “Maintain the integrity and independence of the Senate” when he himself kowtowed to President Duterte’s directives and policies.

His subservience to the President was markedly manifested in 2019. and DoF Secretary-designate Benjamin E. When Chinese fishermen were seen catching f ish in Philippine waters, President Duterte remarked that Chinese fi . Mapa said in an e-mail.