MANILA, Philippines — To quash suspicion of corruption in the procurement of COVID-19 vaccines, President Rodrigo Duterte said on Monday that the money for buying the doses was still in lending banks and not with the government.
This was his answer to Sen. Panfilo Lacson who asked where the COVID-19 vaccines were when there were billions of pesos of government funding for it, the bulk of which is from approved loans sourced from multilateral lenders.
“They thought all the while that the billions granted by Congress were already in our hands — that it’s in cold cash. We have been saying time and again that the money is still with the lending banks,” Duterte said, speakin…
Keep on reading: COVID-19 vaccine funds still in banks; payment will be made on delivery – Duterte