Welcome to Katz - Pinoy Underground Forum

[amoralee]

1000% against. And now the admin is pushing to secure confidential funds. It's like they're just working to suck the coffers dry.

 

[steelhaze]

sobrang sketchy pa ng timing nila minamadali pa

 

[Luckysaint]

If I am an underground personality who needs to launder a lot of money into legitimate investments, then yes, that Maharlika Fund is a sweetly attractive option.

That would just be one of many other options available for money laundering in the Philippines.

Drug lords have funded a lot of real estate developments in the Philippines. Every once in a while you hear about REITs (look it up over the internet). Large criminal enterprises are totally supportive of these initiatives. Look, these things aren't the "only in the Philippines" type. These sorts of underhanded dealings can be found anywhere in the world.

So, yes, investing in the Maharlika Fund is a wise strategy for criminal overlords. But then again, so would be investing in many other sovereign funds. Like 1MDB in Malaysia back then.

But, as a typical Filipino? Hmmm. I'd make sure that I have lots of assets beforehand. I'd think like a criminal. #SCAM

 

[arjimeno666]

I'm not really sure why they need to destroy the country for just a few pesos that they cannot bring to hell? This was my actual reaction when I first heard of it.

 

[Belisarivs]

Bat pa tayo kukuha ng sovereign wealth fund eh anlaki ng national debt natin? Totoo naman may mga SWF na nakuha sa pension system pero mapapagkatiwalaan mo ba ang gobyerno dyan di nga nila eh parang sila pa yung palaging patago sa ginagawa nila

 

[johnny00]

can be good can be bad. but I'm leaning against it like we have more issue to face

 

[jaksthrow]

the people who are behind it arent exactly people i trust

 

[jirag103]

as long as they will be transparent enough, and clear ang terms then go