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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Explosive Testimony in the Philippines
Ramil Madriaga, a former aide to Sara Duterte, testified before the Philippine House of Representatives, alleging misuse of intelligence funds by the Duterte administration. He claimed that hundreds of millions of pesos were funneled through dummy accounts for illicit purposes, including money laundering and links to illegal activities.
## Allegations of Corruption
Madriaga, known as a "bagman" for the Dutertes, provided evidence of financial transactions allegedly orchestrated by former President Rodrigo Duterte. His testimony included claims of involvement in the Pharmally scam, which involved overpriced COVID-19 protective equipment contracts.
## Pharmally Scandal
The Pharmally Pharmaceutical Corp., with minimal capital, secured billions in government contracts during Duterte's presidency. Madriaga linked Duterte to this scandal, highlighting the role of Michael Yang, a former economic adviser, and his brother Maestrado Lim in these operations.
## Impact on Impeachment Proceedings
Madriaga's testimony is pivotal in the ongoing impeachment hearings against Vice President Sara Duterte. His statements support allegations of misused confidential funds, with claims of cash deliveries to various locations. This has shifted the focus of the hearings to specific operational details that can be verified.
## Response from Duterte's Camp
Vice President Duterte has denied the allegations and filed perjury charges against Madriaga, accusing him of being involved in a kidnap-for-ransom plot. The outcome of these proceedings could significantly impact the political landscape in the Philippines.
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