Pharmally case closed? - BusinessWorld Online

, 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.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 undercapitalizedrm, bag a P10-billion contract with the government.

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. 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. The report would now have to be archived, as if no anomaly happened.” She considers it tantamount to letting culpable parties go scot-free.

Hontiveros, who was re-elected to the Senate, said she was open to sponsoring a resolution calling for an inquiry into the Pharmally controversy. 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. Allies of President Duterte rarely attended the hearings on the Pharmally case.

Money they made is safe

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.

Expanded public consultation sought on managing gov’t debt - BusinessWorld OnlineCIVIL SOCIETY organizations (CSOs) need to be given a place at the table in determining how to deal with the national debt, after they were largely left out of discussions on the record levels of debt the current government has taken on, a think tank said.
Source: bworldph - 🏆 9. / 68 Read more »

May inflation likely surged past 5% - BusinessWorld OnlineA BusinessWorld poll of 16 analysts yielded a median estimate of 5.4% for May inflation, matching the midpoint of the 5-5.8% forecast by the Bangko Sentral ng Pilipinas (BSP). READ:
Source: bworldph - 🏆 9. / 68 Read more »

Petrochemical firms seen at risk without import duties - BusinessWorld OnlineThe local petrochemicals industry is seen to struggle after the government’s decision not to impose safeguard duties on the importation of linear low-density polyethylene (LLDPE) pellets and granules. READ:
Source: bworldph - 🏆 9. / 68 Read more »

Electronics industry to pursue dialogue with incoming gov’t on pathways to growth - BusinessWorld OnlineTHE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said it is seeking a dialogue with the incoming administration to discuss how to attract more investment in the electronics industry, the country’s leading generator of exports.
Source: bworldph - 🏆 9. / 68 Read more »

Peso may drop further versus the greenback - BusinessWorld OnlineThe local unit closed at P52.86 per dollar on Friday, losing six centavos from its P52.80 finish on Friday, based on Bankers Association of the Philippines data. READ:
Source: bworldph - 🏆 9. / 68 Read more »

Analysts see potential drags to upcoming initial public offerings - BusinessWorld OnlineInvestor appetite for upcoming initial public offerings (IPOs) is seen by some analysts to be weaker than before amid uncertainties, including those that come with the transition to a new administration. READ:
Source: bworldph - 🏆 9. / 68 Read more »