FORMER Senate President and Minority Leader Franklin M. Drilon stressed on Wednesday a proviso that bars government’s leading financial institutions from parking funds in the touted Maharlika Investment Fund .
Moreover, the opposition lawmaker stressed that “prohibition is absolute and leaves no room for ambiguity.” “What the Congress directly prohibits cannot be done indirectly,” he asserts, adding: “Let us avoid making pronouncements that undermine this prohibition and sidestep the intent of Congress.” He suggests that “the government should respect the boundaries and legislative intent established by Congress regarding the prohibition.”
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