Luxury cars

Pharmally executives buy luxury cars after signing pandemic contracts

“Talagang nagpapasasa itong mga taong ito,” Senate Blue Ribbon Committee Chairman Richard Gordon said after presenting LTO documents

How could a few young people afford luxury vehicles like a Porche, a Lamborghini or a Lexus?

Blue Ribbon Senate Committee Chairman Richard Gordon asked this question as he questioned the timing of the luxury car purchase by executives of the Pharmally Pharmaceutical Corporation. Pharmally is the company that has won the most government contracts for pandemic supply.

During the seventh committee hearing on government pandemic spending on Friday, September 17, Gordon flashed photos of Porsches and Lamborghinis owned by Pharmally co-owners.

The senator cited documents from the Land Transportation Office that showed the luxury cars were registered in 2020 and early 2021, or months after the company began winning contracts with the government.

Among the vehicles Gordon interviewed were:

  • The 2019 Porsche 911 Turbo S with an estimated value of 8.5 million pesos registered under Pharmally’s secretary and treasurer Mohit Dargani on May 7, 2021

‘Wala naman po masama, kumita naman po kami.’ Wala pang is a gadfly, wow, Mr. President, P8.5 million Porsches, LTO won in the rehisto“said Gordon.

([They say] There is nothing wrong here, we won anyway. Not even a year later, wow, Mr President, an 8.5million P Porsche. The LTO gave us the registration.)

Gordon’s office photo

  • Lamborghini Urus 2021 with an estimated value of 13 million pesos registered under the president of Pharmally Twinkle Dargani on December 7, 2020

Gordon’s office photo

In addition to these, two other luxury vehicles registered under the director of Pharmally, Linconn Ong, were presented:

  • The 2021 Porsche 911 Carrera 4 with an estimated value of 13.5 million P registered under Ong on February 2, 2021
Gordon’s office photo

Gordon’s office photo

  • 2021 Lexus RCF with an estimated value of 5.9 million pesos registered under Ong on July 9, 2021

Gordon’s office photo

Talagang nagpapasasa itong mga taong ito. Paano kikita ito? Gordon said. (These people are really forgiving. How can they win [money] This way?)

In addition to these vehicles, Gordon showed LTO registration documents for a 2019 Porsche Cayenne registered under Ong in March 2019 and a Daragni owned motorcycle registered in March 2021.

Asked by Gordon later in the hearing to confirm the purchase, Pharmally manager Mohit Dargani said, “I only have one Porshe Turbo to sell.”

“Wow, ‘only,” Gordon retorted.

Pharmally has been at the center of Senate hearings on allegations of corruption and abuse in spending public funds during the pandemic. In recent hearings, lawmakers have questioned how Pharmally, a small business incorporated in 2019, was able to win at least 10 billion pesos in government contracts even though it lacked the track record and credibility to operate. ” engage in costly public contracts.

The Senate investigation also placed former presidential economic adviser Michael Yang and former Under-Secretary of the Budget Lloyd Christpher Lao under close scrutiny for their links to questionable deals the government struck with Pharmally in 2020 and 2021. .

Lao was the head of procurement services in the Department of Budget and Management when agreements with Pharmally were signed, while Yang was revealed to have been both the guarantor and financier of Pharmally with Chinese suppliers. . A Rappler investigation also showed that Yang, through a business network, had ties to Pharmally.

The Senate marathon inquiry angered President Rodrigo Duterte, who devoted several public speeches to disparaging senators and defending Yang. Gordon hit on Duterte for attacking the Senate, calling him a “cheap politician” and a leader “no country deserves”. –

Read more stories from the Senate Blue Ribbon Committee hearing on September 17, 2021:

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