Pimentel appeals to Marcos: Don’t certify Senate’s Maharlika fund bill as urgent

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Pimentel appeals to Marcos: Don’t certify Senate’s Maharlika fund bill as urgent
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ICYMI: Senator Koko Pimentel appealed to President Ferdinand Marcos Jr. to take back the certification of the Maharlika Investment Fund bill as urgent.

Asked if he is instead calling on Marcos to not certify as urgent Senate Bill No. 1670, the upper chamber’s version of the Maharlika Investment Fund bill, Pimentel affirmed.

“Yes that would be the practical effect of my request. Not to certify the senate bill as urgent because it is not urgent,” he told INQUIRER.net in a text message. The minority leader pointed out that Marcos did not mention the Maharlika fund during his campaign, State of the Nation Address, medium-term fiscal framework, nor in the legislative-executive priorities.Pimentel likewise thinks that Senate Bill No. 1670 and House Bill No. 6608,“If I know my colleagues here in the Senate — at kilala ko naman talaga sila [and I really know them] — the present version will not pass this present Senate,” he said.

“I will make the bold claim that as far as the present version of the Maharlika fund bill is concerned, we are not in the minority. We are this group in the Senate finding that version insufficient, incomplete, confused, completely lacking in details and safeguards. That I think is the majority position in the Senate right now,” the senator went on.Your subscription has been successful.

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