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Jho Low: The sovereign fund nightmare

President Bongbong Marcos and associates are not ready to let go of the bone they call Maharlika Fund and have even certified the proposed bill for it as “urgent.” Another term for “urgent” is “to rush” and that is a bad idea because rushing things always creates problems, if not disasters.
Saudi Arabia Najib Razak Bongbong Marcos Malaysian Sovereign Fund Maharlika Fund Maharlika Investment Fund

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DOF plays down risk factor from Maharlika fund to GFIs, GOCCs

THE Department of Finance (DOF) on Tuesday played down the concerns of some lawmakers on the potential risk to government financial institutions (GFI) and government-owned or -controlled corporations (GOCC) investing in the proposed Maharlika Investment Fund (MIF). In an interview with reporters in Malacañang, Finance Secretary Benjamin E. Diokno said there…
Government Service Insurance System Benjamine Diokno Risa Hontiveros Ferdinandr Marcos Jr Roy Domingo Maharlika Investment Fund

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