SEN. Maria Imelda Josefa Imee Marcos said that she abstained in the voting on the controversial Maharlika Investment Fund (MIF) bill because it was ripened forcibly.
For the past week, during the debates leading to the approval of the Maharlika Investment Act on third reading, I have been hearing and reading commentaries and opinions on the necessity, viability and profitability of the Maharlika Investment Fund.
Critics of the Maharlika Investment Fund slammed yesterday what they described as the bill’s hasty approval, raising concerns over conflicting provisions and potential legal and constitutional issues.