MANILA, Philipppines — Opposition senators on Tuesday raised 'grave concerns' over the impending passage of the law creating the Maharlika Investment Fund (MIF), alleging that this venture was not driven by the need to pump-prime the economy but by the interest of 'crony capitalists.' In his turno en contra speech, Senate Minority Leader Aquilino Pimentel III detailed 12 grounds on why they should not approve Senate Bill No. 2020 that seeks to put up the MIF, flagging the measure for constitutional and procedural issues.

https://newsinfo.inquirer.net/1777163/grave-concerns-raised-over-maharlika-passage

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