Calling the passage of the controversial Maharlika Investment Fund bill a “triumph,” Senate President Juan Miguel Zubiri expressed confidence it can stand the test of constitutionality in case the measure is questioned before the Supreme Court. | MAgerINQ
“Pwede po nating ipaglaban ito sa Plaza Miranda kasi sa dami ng safeguards,” he said, pointing out that even the minority bloc in the Senate was “very happy” since almost all possible safeguards were placed in the bill.
It was also “explicitly stated twice” in the measure that funds from the Social Security System, Government Service Insurance System, Philippine Health Insurance Corp., Home Development Mutual Fund, Overseas Workers Welfare Administration, and the Philippine Veterans Affairs Office would not be used for the Maharlika fund, the Senate leader stressed.
Despite this, Zubiri did not discount the possibility that questions would be raised before the high tribunal. “Alam mo lahat naman ng batas namin may nagk- question paminsan minsan sa Supreme Court. I’m sure people will raise it but I’m sure we can stand the test of judicial scrutiny by the Supreme Court,” he said.
The bill was unanimously approved in the Senate early Wednesday morning, with 19 senators voting for it, with only opposition Senator Risa Hontiveros voting against it. Senator Nancy Binay abstained from voting.— Senate Minority Leader Aquilino “Koko” Pimentel III, Imee Marcos, and Francis Escudero.Your subscription has been successful.
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