Pharmally plunder

IN spite of all the insults and ad hominem arguments already exchanged between the President and some senators, I wish the Senate Blue Ribbon Committee would continue to ferret out the facts about Pharmally Corp. bagging an P8-billion contract from the Department of Budget and Management-Procurement Service (DBM-PS).

Presently, some very material facts have been established through testimony and documentary evidence in the possession of the Senate Blue Ribbon Committee. It is not disputed that the Pharmally Pharmaceutical Corp. was organized only in September 2019 with a paid-up capital of only P625,000. Yet, in less than six months, this corporation was able to bag a government contract to supply personal protective equipment (PPE) against Covid-19 worth P8 billion. The face masks and the face shields sold by this corporation to the government through the DBM-PS are outrageously overpriced.