(CNN Philippines) Metro Manila — Senate Minority Leader Franklin Drilon described the controversy involving overpriced COVID-19 medical supplies from a company without sufficient credentials as a “deliberate plan to plunder” public coffers, with a mysterious backer who is yet to be revealed.
Speaking to CNN Philippines’ The Source on Monday, Drilon lamented the involvement of former Budget Undersecretary Lloyd Christopher Lao, who awarded an ₱8.68 billion deal to Pharmally Pharmaceuticals Corp. to procure personal protective equipment and testing kits that were later found to be overpriced.
“I was saying, this did not happen by accident,” Drilon said. “There was a deliberate plan to plunder the coffers to the tune of what we’re talking about. All the indications are there.”
“What we are looking for now is the missing link,” he added, “and the identification of who the backer is of Usec. Lao and Pharmally to be able to get into this kind of monumental graft we are talking about.”.. Read More