2023-09-18 22:32
Maharlika Investment Fund challenge goes to Supreme Court
JUNK IT | Bayan Muna chair Neri Colmenares (center) and former Bayan Muna Reps. Carlos Isagani Zarate (right) and Ferdinand Gaite show to reporters copies of the petition they filed in the Supreme Court to declare the Maharlika Investment Fund Act of 2023 unconstitutional. (Photo by RICHARD A. REYES / Philippine Daily Inquirer) MANILA, Philippines — The Supreme Court was asked on Monday to declare unconstitutional Republic Act (RA) No. 11954, or the Maharlika Investment Fund (MIF) Act of 2023, a petition that lawmakers said would not prosper because 'exhaustive measures were taken' to meet all requirements of the 1987 Constitution and safeguards were installed against its misuse.

https://newsinfo.inquirer.net/1833321/maharlika-investment-fund-challenge-goes-to-supreme-court

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