THREAD: Some lawmakers and groups oppose the proposed Maharlika Wealth Fund.
Despite assurances and push from President Bongbong Marcos, his sister Sen. Imee, on the other hand, fears corruption in the use of the Maharlika Fund.
Join @iampinkywebb on #TheSource.
Despite assurances and push from President Bongbong Marcos, his sister Sen. Imee, on the other hand, fears corruption in the use of the Maharlika Fund.
Join @iampinkywebb on #TheSource.
Former Bayan Muna Rep. and Chairman Neri Colmenares says the Maharlika Wealth Fund 'has no sufficient safeguards.'
He adds it is a 'monster that cannot be controlled.'
He adds it is a 'monster that cannot be controlled.'
Colmenares on Maharlika Wealth Fund: It is not accessible to the public. Pahirapan 'yan.
Colmenares on Maharlika Wealth Fund: Tayo, the funders, ang nag pondo pero hindi natin alam kung paano winawaldas ang pera. Accountability and transparency are lost.
Colmenares on Maharlika Wealth Fund: GSIS funds held in trust... It has one of the largest assets.
Colmenares on Maharlika Wealth Fund: We have the right to question and oppose the bill
Colmenares on Maharlika Wealth Fund: Where corruption is rampant, such funding won't be a good solution... Ordinary taxpayers are burdened by this. You'll have to stop corruption first.
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