Philippines’ Maharlika Fund Gets a Controversial Makeover

The legislature makes sausage out of sight

Jan 30

By: Viswa Nathan

It is hard not to wonder why a legislative measure for creating a controversial sovereign wealth fund for the Philippines, called the Maharlika Investment Fund, which the lower chamber of Congress approved on December 15, has reportedly undergone “reengineering.” The Senate is expected to adopt the new version for debate and ratification.

Keep reading with a 7-day free trial

Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.