Live Breaking News & Updates on Ither Directly Or Indirectly
Stay updated with breaking news from Ither directly or indirectly. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Mumbai: The Reserve Bank of India (RBI) on Tuesday said that entities under its regulation, including banks, non-bank lenders, and home financiers, are prohibited from investing in alternative investment funds (AIFs) that have, either directly or indirectly, invested in companies that have borrowed funds from these lenders. ....
HOUSE PROBE. Pharmally Pharmaceutical Corp. official Krizle Grace Mago attends the House Good Government and Public Accountability hearing on Monday (Oct. 4, 2021). Contrary to allegations, Mago said Pharmally never delivered damaged Covid-19 supplies to the government as the firm conducts routine quality inspection prior to making deliveries. (Screengrab from House of Representatives Facebook livestream) MANILA - Pharmally Pharmaceutical Corp. official Krizle Grace Mago on Monday said the company never delivered damaged coronavirus disease 2019 (Covid-19) supplies to the government as the firm conducts routine quality inspection prior to making deliveries. During the hearing of the House Good Government and Public Accountability, Mago denied the allegations made by the witness presented by Senator Risa Hontiveros at a Senate probe that Pharmally delivered supposedly "substandard" face shields. "It is in the conduct of this quality control that PPC was able to identify d ....
MANILA - The Department of Health (DOH) said it is investigating reports on the suspected tampering of manufacturing dates of face shields procured from Pharmally Pharmaceutical Corp. Upon the directive of Health Secretary Francisco Duque III, the department is conducting a comprehensive review of procurement transactions, including the inspection of incoming or currently housed stocks of PPE procured from Pharmally, either directly or indirectly, through the Procurement Service of the Department of Budget and Management (PS-DBM), the DOH said in a news release issued Friday. Pharmally previously won the bid for the face shield contract with the DOH, a separate procurement from PS-DBM. The procurement of the face shields was done through a competitive bidding process wherein eight prospective bidders submitted their prices for the face shields in March 2021. The DOH said Pharmally has delivered more than 500,000 pieces of face shields. However, the department has not yet paid Pharmally ....