Serious errors committed in approving Maharlika bill – Escudero

But no bicameral conference committee report came out of that meeting because Senate President Juan Miguel Zubiri said there was no need.

But Escudero still urged the public to give congressional leaders a chance to correct the mistakes in an appropriate manner. The senator declined to speculate on the rush to approve the MIF bill although it was not among the priorities that President Ferdinand Marcos Jr. announced in his first State of the Nation Address.Escudero also wondered whether Marcos was misinformed after making pronouncements that the prohibition against the investment of pension and social welfare funds was only applicable in the initial stages of the implementation of the Maharlika law.

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