‘House to address Maharlika issues’

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The House of Representatives will address legal concerns on the Maharlika Investment Fund law, Speaker Martin Romualdez said Wednesday, as

This developed after the Supreme Court, in an en banc ruling Tuesday, required Executive Secretary Lucas Bersamin, Finance Secretary Benjamin Diokno, the House and the Senate to file within 10 days their comment to the petition questioning the constitutionality of the measure.

“The House of Representatives, under my leadership as the Speaker, affirms its commitment to the rule of law and will duly submit our comment within the ten-day timeframe,” he added. “We respect the Supreme Court’s directive for the executive and legislative branches of government to provide their response concerning Republic Act 11954 the Maharlika Investment Fund Act of 2023,” Romualdez said.

The petition was filed by Senator Aquilino Pimentel III, former congressman and Bayan Muna chairman Neri Javier Colmenares, and former Bayan Muna congressmen Carlos Isagani Zarate and Ferdinand Gaite.

Source: News Formal (newsformal.com)

 

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