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Sovereign wealth vs national development funds and money laundering

LAST Friday, June 23, columnist Bobi Tiglao may have alluded to me as the columnist when he wrote, Another critic pompously claims that Maharlika is confused, in that it can t make up its mind whether it is a sovereign fund or a national development fund. But can t it be both, as Singapore s Temasek Holdings was in its inception and the more recent Indonesian Investment Fund is? I have asked The Manila Times to postpone part two of last week s article to next week and publish this instead.

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