Finance Secretary Benjamin Diokno earlier said the banned GOCCs can still"subscribe" to the projects of the MIC – a statement that sparked concerns from lawmakers. Villanueva explained there's no such thing as a"Maharlika project" -- only government projects that the MIC or other GOCCs can choose to invest it.
Villanueva admits it’s “a concern” that there are now various interpretations of the Maharlika bill. He said lawmakers will ensure that the implementing rules and regulations to be crafted by the executive will “adhere to the positions of the members of the Senate.”Kahit na po ano ang gawin nila, they cannot deviate from the spirit of the law and the intention of the lawmakers who passed this very important measure.
[Translation: I don't want to glorify the claims that it was rushed or there was a mistake. We're all human beings, during that time, it's already 2:30 a.m. So typographical errors and mistakes with numbers are inevitable.]
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