Martin Shkreli Refuses to Testify Before Congress

He invoked the Fifth Amendment

Martin Shkreli has refused to testify before Congress.

Martin Shkreli
Source: Time

The former Turing Pharmaceuticals CEO — who raised the price of AIDS drug Daraprim from $13.50 to $750 — invoked the Fifth Amendment right to avoid self-incrimination.

Shkreli’s exchange with lawmakers on Thursday angered members of the House as he refused to testify after being handcuffed and indicted on federal securities fraud charges in December.

“I don’t think I’ve ever seen the committee treated with such contempt,” Representative John L. Mica, a Florida Republican, said after Mr. Shkreli was excused and left the room.

“I intend to follow the advice of my counsel, not yours,” Shkreli said.

The drug entrepreneur also made waves for buying the only copy of the new Wu-Tang Clan album and refusing to release it to the public.

 

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