MRC Allied president and chief executive officer Gus Cosio is convinced that President Rodrigo Duterte’s promise to eradicate corruption was simply lip service now that the Senate is investigating the controversy involving Pharmally Pharmaceutical Corporation.
As the Senate blue ribbon committee continued its probe Monday (Sept. 13), Cosio tweeted about Duterte: “He never wanted to stop corruption. There’s more of it going around.”
The Senate committee is looking into how Pharmally, a little known corporation with a paid up capital of P625,000, bagged P10 billion worth of contracts from the Procurement Service of the Department of Budget and Management (PS-DBM). Former presidential adviser Michael Yang denied loaning money to the company, as alleged by its top officials in a hearing last week.
Yang said he only referred Pharmally executives to his friends in China who helped them finance the purchase of medical supplies, including personal protective equipment and RT-PCR test kits.
He never wanted to stop corruption. There’s more of it going around.
— Gus Cosio (@gus_cosio) September 11, 2021