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Lending money not a crime: Lawmaker defends Michael Yang

ABS-CBN News
Posted at Feb 02 09:57 AM

"[Michael Yang] is not liable in this Pharmally case. He is just a financier and lending money is not a crime," said Diwa Rep. Mike Aglipay. Read more »

House panel clears Christopher Lao, Michael Yang in Pharmally probe

Davinci Maru, ABS-CBN News
Posted at Feb 01 03:14 PM

A House panel investigating government's controversial pandemic supply deals has recommended filing charges against several officials of Pharmally. Read more »

Initial flight research for Darganis made by Pharmally chair

Job Manahan, ABS-CBN News
Posted at Dec 21 10:21 PM

The chairman of the controversial Pharmally Pharmaceutical Corp said Tuesday he did the initial research about a flight that the Dargani siblings could take to be able to leave the country, but did not pursue it. Read more »

'Appointment of Pharmally exec meant to ensure Michael Yang gets paid'

Job Manahan, ABS-CBN News
Updated as of Dec 21 09:36 PM

A Chinese businessman was placed as Pharmally's financial manager to guarantee that the company would pay Michael Yang in the future for the money he lent them, Pharmally's chairman said on Tuesday. Read more »

Yang denies lending money to Pharmally despite testimonies

Job Manahan, ABS-CBN News
Posted at Oct 28 05:58 PM

Businessman Michael Yang on Thursday denied lending money to Pharmally executives and said he only introduced the firm to his "friends" for funding. Read more »

Linconn Ong 'not yet ready' to reveal details of Pharmally's loans from Yang

ABS-CBN News
Posted at Oct 19 08:19 PM

Detained Pharmally official Linconn Ong on Tuesday said he is 'not yet ready' to reveal how much money businessman and former presidential economic adviser Michael Yang lent their firm to help in their transactions with government for the provision of pandemic supplies. Read more »

Senators focus on Pharmally officials as Cabinet execs barred

Job Manahan, ABS-CBN News
Posted at Oct 06 12:03 AM

Even the President’s ally at the chamber felt the absence of the government officials. Read more »

Pharmally grilled over social security contributions for workers

Job Manahan, ABS-CBN News
Updated as of Oct 05 08:18 PM

'It’s either sir, you are fooling your employees or you’re fooling the government or both.' Read more »

Huang kumambyo sa pahayag tungkol sa letter of credit

Johnson Manabat, ABS-CBN News
Posted at Oct 01 02:53 AM

Nagisa si Huang Tzu Yen sa pagtatanong ng mga mambabatas patungkol sa credit letter ng Pharmally sa mga bangko sa bansa. Read more »

'Pharmally admission could lead to corruption charges'

Benise Balaoing, ABS-CBN News
Posted at Sep 13 11:34 AM

The admission of Pharmally to the Senate that it had insufficient funds to deliver pandemic supplies should have been a red flag. Read more »

Drilon on Pharmally deal: Sino pa ang kumita rito?

ABS-CBN News
Posted at Sep 13 11:10 AM

Sen. Franklin Drilon said it was "clear" that Pharmally was given "advantage" despite having a paid-up capital of only P625,000. Read more »

Pharmally exec admits borrowing money from Michael Yang for PS-DBM deal

Katrina Domingo, ABS-CBN News
Updated as of Sep 10 08:45 PM

Pharmally Pharmaceutical Corp admitted winning billions of pesos in contracts from the Philippine government despite having insufficient funds. Read more »

'Michael Yang, Pharmally execs dapat humarap sa Senado'

ABS-CBN News
Posted at Sep 02 01:13 PM

Kailangang humarap at magpaliwanag sa Senado si dating presidential economic adviser Michael Yang at ang mga opisyal ng Pharmally. Read more »

Hontiveros: 2 top Pharmally officials allegedly wanted in Taiwan

ABS-CBN News
Posted at Sep 01 05:31 PM

Two top officials of Pharmally are allegedly wanted for fraud, embezzlement, and stock manipulation in Taiwan, an opposition senator said Wednesday. Read more »