Hontiveros questions ‘ridiculously low’ penalty for violators of Maharlika Investment Fund policy

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 86%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Senator Risa Hontiveros lamented the “ridiculously” low penalties for violators of the Maharlika Investment Fund policies to ensure accountability of public officials who will handle the funds. | DFernandezINQ

“Ni walang forfeiture ng ill-gotten wealth in favor of government. Walang perpetual disqualification from public office for offenses committed by government officials na bahagi ng MIC Board. Likewise, walang provision sa event na ‘yung funds invested ay gamitin sa money laundering,” added Hontiveros.

“That’s why we have to go through this process. If you want to propose amendments to the House version, it’s going to be up to you, legislators, to impose a higher penalty, if you feel that a higher penalty is called for,” Diokno said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

DFernandezINQ Ibasura na po yan MIF, di po ba nagpautang na nga WB 600$ so bakit pa gagamitin ang pera sa LB atbp? Anong uri ng pasakit mangyayari sa mga taxpayers? Ilang dekada po bayaran nyan bukod sa 13T na utang na naipon sa dating admin

gerryduran01 DFernandezINQ Gustong gusto ng mga kawatan yan. Yung may makulimbat sila pero hindi sila mahahabol. Walanghiya lang diba? Sino nga ulit may pakana nito? Yung Marcos dba? Junior nung pinaka-kawatan sa kasaysayan ng Philippine politicians in office.

DFernandezINQ Lam na this 😡

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines