The President initially denied that Yang was his adviser because the owner of the Davao City Los Amigos (DCLA) stores was a Chinese national.
But Presidential Legal Adviser Salvador Panelo later admitted that Tang was “just one of those advisers the President consults on a particular matter, but he just receives P1 a year.”
A Babbler revealed that Yang, who lets the Chinese ambassador sleep over in his home, has been introducing himself as “Presidential Business Special Consultant.”
The Babbler said Yang has also introduced himself as chairman of Yangtze group, Xiamen Full Win group, and the Davao Filipino Chinese Chamber of Commerce and Industry Inc.
READ: Pharmally anomaly! Huang Tzu Yen, Mohit Dargani’s BGC condo address has been vacant for years
Yang has been subpoenaed by the Senate Blue Ribbon Committee after a Radio Television Malacañang video showed him introducing officials of Pharmally International of Taiwan to the President in March 2017.
The Senate is currently investigating Pharmally’s local subsidiary which cornered P8.7 billion worth of overpriced face masks, shields, and testing kits during the pandemic.
The Pharmally contracts were signed by former Budget Undersecretary and Procurement Services chief Christopher Lloyd Lao who risked being charged for contempt for evading senators’ questions on what Senator Panfilo Lacson has described as “more than plunder but a large-scale corruption of borrowed state funds.”
The post Former economic adviser and Pharmally backer Michael Yang is going around town as ‘Presidential Business Special Consultant’ first appeared on Bilyonaryo Business News.
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