Thursday, May 23

A petition has been filed before the Supreme Court seeking to declare Republic Act 11954, otherwise known as the Maharlika Investment Fund Act of 2023, unconstitutional.In their petition filed before the Supreme Court on Monday, Senate Minority Leader Aquilino “Koko” Pimentel 3rd, Bayan Muna chairman Neri Colmenares and former representatives Carlos Isagani Zarate and Ferdinand Gaite sought the issuance of a temporary restraining order or preliminary injunction or status quo ante order against RA 11954.The petitioners further asked the court to conduct oral arguments on the legality of the law.They asked the tribunal to “intervene in this constitutional transgression and put a stop to this practice—especially on such a dangerous law as the Maharlika Investment Fund Act of 2023.”

Former party-list representative Neri Colmenares…
Read More

Comments are closed.