From the President to his alter ego, the Finance Secretary, to chair the Maharlika Investment Corporation – what is the difference?
The Finance Secretary serves at the pleasure of the President and must conform to the President’s bidding to retain his position.
If ever the Maharlika Sovereign Wealth Fund is created, its corporate management must be independent from partisan control and interference.
The chair of the Maharlika Investment Corporation must be a truly qualified and experienced economic manager from the private sector.
EDCEL C. LAGMAN