Senate Minority Leader Aquilino “Koko” Pimentel III called on President Ferdinand “Bongbong” R. Marcos Jr. to veto the recently passed Maharlika Investment Fund (MIF) bill and return it to Congress for rectification. “The bill, in its current form, is not acceptable. I am calling on the President to exercise his veto power and return the measure to Congress,” Pimentel on Friday, June 2, said. Pimentel emphasized that it is in the best interest of the Filipino people and the administration if the measure is sent back to Congress, “so we will have the chance to take a second look at the measure in order to address the concerns raised by many sectors.’’ If not vetoed, the MIF, in its current form, could not withstand the scrutiny of the Supreme Court, he pointed out. Pimentel said that the Supreme Court would be the next battleground for the controversial Maharlika Investment Fund. “The MIF can be challenged before the courts and for those planning to do this, I will make myself available as a source of some facts, information and arguments,” he added. Pimentel said that Senator Francis “Chiz’’ Escudero correctly pointed out that these flaws that we see today are the consequences of haste “and, if I may add to that, an ill-conceived legislation such as the Maharlika Investment Fund.’’ The Senate chief fiscalizer stressed that the MIF is “full of opaque provisions, contradictions, ambiguities, and loopholes” which both Houses of Congress, in their desire to expedite the passage of MIF, failed to address “By returning it to Congress, it will allow us to resolve conflicting provisions and add more safeguards to protect the funds and foster transparency and accountability,” Pimentel said.