Diokno shuts down rumors on heading Maharlika fund board

Finance Secretary Benjamin Diokno puts to rest rumors suggesting he would be heading the Maharlika Investment Corporation, which will govern over the Maharlika Investment Fund.

MANILA - Department of Finance Secretary Benjamin Diokno puts to rest rumors suggesting he would be heading the Maharlika Investment Corporation , which will govern over the Maharlika Investment Fund .

“I’m not being considered for that position. I don’t think I’m being . Hindi ako nag-apply eh. You have to apply and the application process is done, closed na,” he said.“I’m the chairman of the Maharlika board. That’s another position,” he said. “The advisory body shall then transmit the final list of nominees to the President on or before October 12. After which, the President shall appoint the best and fittest candidates for the respective positions,” said Diokno.

Asked if the fund would also commence market activities by year end, Diokno said that may happen by the first quarter of next year.

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