Veto Maharlika bill and return it to Congress, lawmaker tells Marcos

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Veto Maharlika bill and return it to Congress, lawmaker tells Marcos
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Senate minority leader Aquilino Pimentel III urged President Ferdinand Marcos Jr. to veto the Maharlika Investment Fund bill and return it to Congress and give lawmakers more time to address the concerns surrounding it. | JEMendozaINQ

“The bill, in its current form, is not acceptable. I am calling on the President to exercise his veto power and return the measure to Congress,” Pimentel said in a statement.Pimentel added that “it is in the best interest of the Filipino people and the administration if the measure is sent back to Congress, so we will have the chance to take a second look at the measure in order to address the concerns raised by many sectors.

Citing Sen. Francis Escudero, Pimentel said that the flaws in the bill are a result of haste and ill-conceived legislation.

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