MANILA, Philippines — 'What the Congress directly prohibits cannot be done indirectly.' With this reminder on Wednesday, former Senate President Franklin Drilon warned those prohibited to invest in the projects of the Maharlika Investment Fund (MIF) that they could be held liable if they invest in it or in any of its activities. Drilon pointed out that the recently approved MIF bill 'explicitly prohibits' certain government-owned and -controlled corporations (GOCCs) like the Social Security System (SSS) and Government Service Insurance System (GSIS) from investing in the wealth fund.

https://newsinfo.inquirer.net/1787902/state-pension-firms-investing-in-maharlika-bill-or-any-of-its-activities-can-be-held-liable

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