House urged: Go slow on Maharlika passage

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Senior Deputy Minority Leader Paul Daza asked the leadership of the House of Representatives to slow down and further deliberate on the proposed creation of the Maharlika sovereign wealth fund. | jiandradeINQ krixiasINQ /PDI

The proposed measure to create the Maharlika wealth fund was approved in principle by the House committee on banks and financial intermediaries a day after it was filed, and on Dec. 1 the panel gave its nod to amendments suggested by the technical working group headed by Albay Rep. Joey Salceda.

The senior deputy majority leader further pointed out the need to discuss putting caps on administrative expenses, including salaries and bonuses, as the bill seeks exclusion from the coverage of the Governance Commission for GOCCs .“The exemption [from] the procurement law needs extensive discussion and explanation on why it is needed,” Daza added.

“Why is the bill’s passage being hastened? They did not even invite the stakeholders so there would be a free discussion on its pros and cons. Only executives of the GSIS, SSS, Landbank, and DBP and officials involved in finance talked about it,” she said, adding, “there should be a free discussion and consultation with the public.

 

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lcmlaw_ph jiandradeINQ krixiasINQ yang mga apurado na ipasa ang maharlika chu2 na yan siguro may parte sila na makukuha pag ninakaw ng mga marcos ang kaban ng bayan.

jiandradeINQ krixiasINQ Nagmamadali nakaw8n amg pera ng baya nga Marcos, Duterte at Romualdez. Lahat ng lalagda nito, mga ganid at gahaman and should be made accountable and punished! MaharlikaInvestmentFundScam Kapwa ko Pilipino maawa tayo sa sarili natin. Bakit ba gustong gusto nyo silang payamanin?

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