Usually Chatty Martin Shkreli Takes the 5th

Pharma bad boy's tight lips 'could hinder' Senate committee's investigation
By Jenn Gidman,  Newser Staff
Posted Jan 21, 2016 7:53 AM CST
Usually Chatty Martin Shkreli Takes the 5th
Will Martin Shkreli show up on Tuesday?   (AP Photo/Craig Ruttle)

Martin Shkreli "loves to talk," notes the New York Times, but the ex-Turing Pharmaceuticals CEO has taken the Fifth as a Senate committee looks into drug-pricing practices—and his refusal to hand over subpoenaed documents could impede the probe, NBC News reports. "Absent a valid justification for the grounds for invoking the Fifth Amendment, Mr. Shkreli's assertion could hinder our investigation," Maine Sen. Susan Collins, chair of the Senate's Special Committee on Aging, tweeted Wednesday. To which Shkreli responded later Wednesday night: "@SenatorCollins I have valid justification. Are you serious? I have constitutional rights. No wonder trust in the US Government is at a low." This development comes just days before Shkreli's subpoena-mandated appearance Tuesday at a hearing of the House Committee on Oversight and Government Reform, which is looking into several companies accused of excessively hiking prices, the AP reports.

"I have been trying for the better part of a year to get information from Martin Shkreli about his outrageous price increases, and he has obstructed our investigation at every turn," Maryland Rep. Elijah Cummings said in a statement Wednesday, per CNNMoney. Shkreli dished about the upcoming hearing on Twitter Wednesday, posting a pic of what appeared to be the House subpoena and striking back at Cummings. "House busy whining to healthcare reporters about me appearing for their chit chat next week. Haven't decided yet. Should I? @RepCummings," he tweeted. "He claims publicly that he wants to explain to Congress how drug pricing works. On Tuesday, he will get his chance," Cummings said in his statement. When asked by the Times if he would be at Tuesday's hearing, Shkreli emailed, "I made it clear that you are not to contact me ever again." In related news, Shkreli's lawyers put in paperwork Tuesday indicating that he wants to replace them, NBC notes. (More to the point: What's it like to date Martin Shkreli?)

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