Based on 2021 Commission on Audit report, here are the key Land Bank of the Philippines figures (in trillions): Assets – P2.594 (100 percent) Liabilities – P2.374 (91.53 percent) Equity – P220 (8.47 percent) If you get P50 billion and invest it in the Maharlika Investment Fund (MIF), the Landbank equity will be reduced by P50 billion and P50 billion will be deducted from the cash assets of Landbank, the main reason for the fear of the military and uniformed personnel (MUP) because Landbank is the depository bank of their salaries and pensions.
https://opinion.inquirer.net/164251/scrap-maharlika-investment-fund-do-not-tinker-with-gfis#inquirer
Du måste logga in före du kommenterar