ASEAN HEADLINES: DU30’S CORRUPTION- MANILA- Philippine Senate probe foils vaccine overpricing

January 19, 2021January 19, 2021 Contributor 0 Comment ASEAN HEADLINES:

VACCINE PRODUCTION A worker inspects a batch of vaccines produced at a Beijing factory built by Sinovac, one of 11 Chinese companies approved to carry out clinical trials of potential coronavirus vaccines, in this photo taken in September 2020. —AFP

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Philippine Senate probe foils vaccine overpricing

MANILA, Philippines — The government could have lost some P16.8 billion from overpriced coronavirus vaccines had the Senate not inquired into ongoing negotiations for the Sinovac shot, which has been chosen by Malacañang, Sen. Panfilo Lacson said on Monday.

In a privilege speech, Lacson said testimony during the two-day inquiry by the committee of the whole would indicate an attempt to overprice the vaccine.
“Again, when there is an attempt at overpricing, isn’t it also logical to think [that somebody would make a lot of money]?” he said.

The senator was referring to government claims that it had been able to lower the cost of the Sinovac vaccine, bringing it at par with prices in other Southeast Asian countries.\

READ MORE: https://aseanews.net/2021/01/19/headline-du30s-corruption-manila-philippine-senate-probe-foils-vaccine-overpricing/

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