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Date: 2023-12-10 04:37:29 | Author: Lucky Larobet | Views: 21645 | Link: Google

A PETITION for certiorari and prohibition was filed by Bayan Muna before the Supreme Court on Monday, September 18, 2023, as it sought to declare the controversial Maharlika Investment Fund (MIF) Act of 2023 as unconstitutional hellspin

The petitioners include Bayan Muna chairman Neri Colmenares, former Bayan Muna representative Isagani Zarate and Ferdinand Gaite, and Senate Minority Leader Aquilino “Koko” Pimentel III hellspin

They seek the issuance of temporary restraining order and writ of preliminary injunction and/or status quo ante order against the Maharlika law, which was passed “despite warning of experts and lawmakers and broad opposition from the Filipino people hellspin

”“This is a petition for certiorari and prohibition of the Maharlika Investment Fund Act (RA 11954) which we argue is unconstitutional for a number of reasons hellspin

For one, it did not go through a test of economic viability hellspin

During this time of pressing economic problems such as food inflation, rising unemployment, the possibility of losing public funds due to mismanagement or corruption should not be risked,” Colmenares said hellspin

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New PRO 7 director to police station chiefs: Promote transparency

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