Senate President Juan Miguel 'Migz' Zubiri thanked his colleagues after the marathon session.Sen. Ana Theresia 'Risa' Hontiveros registered the negative vote while Sen Maria Lourdes 'Nancy Binay abstained. Senate Minority Leader Aquilino 'Koko' Pimentel left the session hall before the voting.Also absent were Senators Francis Joseph 'Chiz' Escudero and Maria Josefa Imelda 'Imee' Marcos.
It's ahead of it's time, so to speak,' Hontiveros said in explaining her vote.'At this time, I think that what we need is to capitalize our GOCCs so that they can venture where the private sector hesitates to go into utility scale batteries, cold storage for fish and vegetables, PUV modernization,' she said.Hontiveros added, 'But it is not, in my mind, a Maharlika Fund that is fit for this purpose.
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