Maharlika Investment Fund challenge goes to Supreme Court
MANILA, Philippines — The Supreme Court was asked on Monday to declare unconstitutional Republic Act (RA) No. 11954, or the Maharlika Investment Fund (MIF) Act of 2023, a petition that lawmakers said would not prosper because “exhaustive measures were taken” to meet all requirements of the 1987 Constitution and safeguards were installed against its misuse.
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