Marcos eyes 80 flagship projects financed via Maharlika fund

INQToday: Bongbong Marcos eyes 80 flagship projects financed via Maharlika fund

/ 12:25 PM November 16, 2023

Here’s a quick roundup of today’s top stories:

President Ferdinand Marcos Jr. on Thursday (Philippine time) said the government is eyeing to finance “about 80 potential infrastructure projects” through the newly created Maharlika Investment Fund (MIF).

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In a speech during the Philippine Economic Briefing here, the President said he was looking forward to the operationalization of the MIF, the country’s first-ever sovereign investment fund.

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Legal experts, former politicians, and law students on Wednesday asked the Supreme Court to order Vice President Sara Duterte, the Senate, the House of Representatives, and the Commission on Audit (COA) to provide them with the report on the expenses and liquidation of the 2022 confidential funds of the Office of the Vice President.

Petitioners were led by retired Senior Associate Justice Antonio Carpio, former Sen. Richard Gordon, former COA Commissioner Heidi Mendoza, and lawyer Howard Calleja, members of UP College of Law Batch 1975, law students, and several priests.

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Police Major Allan de Castro, one of the suspects in the missing beauty queen’s case, has admitted having a relationship with Catherine Camilon, according to the Criminal Investigation and Detection Group (CIDG) director, Major General Romeo Caramat.

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Although De Castro admitted his affair with Camilon, Caramat said the police officer remained silent when it came to matters related to the beauty queen’s disappearance.

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Two gunmen shot dead two passengers on a bus while in transit in the town of Carranglan, Nueva Ecija, on Wednesday afternoon, according to the .

Police said the bus was traveling through the mountainous part of Barangay Minuli when the two unidentified assailants suddenly approached the unnamed passengers seated in the front.

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TAGS: 2022 OVP confidential funds, beauty queen, Bongbong Marcos, Bongbong Marcos Jr., CIDG, Maharlika fund, missing beauty queen

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