In CDO, Tony Yang’s businesses get entangled with drugs issues

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In CDO, Tony Yang’s businesses get entangled with drugs issues
Cagayan De Oro CityMichael YangMisamis Oriental
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Tony Yang distances himself from his brother, former presidential economic adviser Michael Yang

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This was center to the interpellation of Sta Rosa, Laguna Representative Dan Fernandez on Friday, September 27, as the House quad committee continued its investigation into the connection of POGOs and the illegal drug trade. Among Yang’s biggest business in Misamis Oriental is the Philippine Sanjia Steel Corporation, which entered into a lease contract with the Philippine Veterans Investment Development Corporation or Phividec, a state agency in charge of developing lands into industrial estates. Yang’s Sanjia ran a steel operation out of the Phividec compound in Tagaloan, right next to Cagayan de Oro City.

The report said that the cargo was subsequently released after K-9 dogs “cleared the cargo from possible illegal drugs.” During the quad committee hearing, the Phividec administrator at the time, Jose Gabriel “Pompee” La Viña, said that he was told by a Customs officer that he risked being sued if they didn’t release the cargo.

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