Senate Minority Leader Aquilino "Koko" Pimentel on Saturday said he would oppose the certification of the Maharlika Investment Fund bill, which he believed was more "harmful than beneficial" to Filipinos.
"Maraming bills ang naipasa sa past weeks, 'di naman nila masasabi tayong humahadlang sa mga panukalang batas na ina-aprub. Pero itong Maharlika perwisyo hindi benepisyo," Pimentel said in a radio interview.Pimentel said the bill was not urgent and the idea was "completely wrong." He mentioned that in Norway, the government discussed the concept for 12 years and consulted everyone without rushing.
“May windfall revenue ba or profit, wala rin naman. So wala talagang dahilan na pumasok tayo sa usaping ito o konseptong ito. Di na natin alam saan paroroon tapos minamadali pa natin so yun ang pinakamalaking mali,” he said. Pimentel added that the Maharlika Investment Fund had entered the period of interpellation, and this was the opportunity for the Senate minority to change the minds of other Senators.
“Sana, yun ang ipinagdarasal namin sa minority. Best effort na ito. Pakita natin dahilan kung bakit 'di dapat suportahan ito, maka-convert pa tayo ng ating mga kasama sa Senado," he said.
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Anti-poverty commission backs Maharlika Investment FundThe state-run National Anti Poverty Commission (NAPC) threw its support behind the passage of the Maharlika Investment Fund Bill which seeks to use government assets for investment.
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