Senate Minority Leader Aquilino “Koko” Pimentel III appealed to President Ferdinand Marcos Jr.’s “patriotism” and urged him to veto the “tampered” Maharlika Investment Fund bill. | MRamosINQ JeromeAningINQ
But, Pimentel said, only elected senators are allowed to introduce changes in a measure brought for plenary deliberations and the law prohibits “falsification of legislative documents,” such as changing the contents of a bill that the Senate had already approved on third and final reading.
However, a veto appeared unlikely as the president had already said he would sign the measure, which he certified as urgent and even promoted the fund at the World Economic Forum in Davos, Switzerland, in January.Officials also appear to be intent on implementing the measure and have been actively promoting the MIF to ease public doubts.
Aside from the joint congressional oversight committee and the Commission on Audit, De Leon said the Maharlika Investment Corp., the company that will manage the MIF, will be required to undergo the usual corporate financial auditing requirements.
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