Philippine SWF Already Being Challenged

Posted on 09/18/2023

Philippine leftist political party Bayan Muna has made a challenge in the Supreme Court to declare the Maharlika Investment Fund Act of 2023 null and void. President Marcos Jr. signed the bill into law in July. Chair of the opposing party Neri Colmenares and former representatives Carlos Isagani Zarate and Ferdinand Gaite are seeking a…

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