Maharlika Investment Fund is harmful not beneficial –Pimentel

Maharlika Investment Fund is harmful not beneficial –Pimentel

Maharlika Investment Fund is harmful not beneficial –Pimentel

Senate Minority Leader Aquilino “Koko” Pimentel on Saturday stated he would oppose the certification of the Maharlika Investment Fund (MIF) invoice, which he believed was extra “harmful than beneficial” to Filipinos.

“Maraming bills ang naipasa sa past weeks, ‘di naman nila masasabi tayong humahadlang sa mga panukalang batas na ina-aprub. Pero itong Maharlika perwisyo hindi benepisyo,” Pimentel stated in a radio interview.

(Many payments have been handed prior to now weeks, they can’t say that we’re obstructing the approval of payments. But Maharlika, it’s dangerous, not a profit.)

He added that he would do the whole lot he may to oppose the invoice however would nonetheless observe the foundations.

Pimentel stated the invoice was not pressing and the thought was “completely wrong.” He talked about that in Norway, the federal government mentioned the idea for 12 years and consulted everybody with out speeding.

“May windfall revenue ba or profit, wala rin naman. So wala talagang dahilan na pumasok tayo sa usaping ito o konseptong ito. Di na natin alam saan paroroon tapos minamadali pa natin so yun ang pinakamalaking mali,” he stated.

(Is there any windfall income or revenue? No. So there’s actually no motive for us to get into this matter or this idea. We do not know the place we’re going. And but we rush issues. So that is an enormous mistake.)

Pimentel added that the Maharlika Investment Fund had entered the interval of interpellation, and this was the chance for the Senate minority to vary the minds of different Senators.

“Sana, yun ang ipinagdarasal namin sa minority. Best effort na ito. Pakita natin dahilan kung bakit ‘di dapat suportahan ito, maka-convert pa tayo ng ating mga kasama sa Senado,” he stated.

(Hopefully, that is what we’re praying for within the minority. This shall be our greatest effort to point out why we should not assist it so we are able to convert our colleagues within the Senate.) — DVM, GMA Integrated News

Source: www.gmanetwork.com