“Corporate concepts dominate the proposed bill. There is hardly any banking concept that is mentioned in the bill,” he explained.
This is not the first time Pimentel raised a motion to do so as he did the same when the MIF bills were referred to Villar’s committee on first reading.Senator Francis Escudero pointed out that the period to reconsider the decision of plenary has lapsed.ADVERTISEMENT Senate Majority Leader Joel Villanueva said Senate President Juan Miguel Zubiri would need to rule on the point of order raised by Escudero on Pimentel’s motion.“And to answer the manifestation or the request of Senator Koko to refer it back to the committee, the matter, for the record, has been previously acted upon and disposed of at that time. So, that is the ruling of the chair,” he said.Senator Risa Hontiveros, who joins Pimentel in the minority, seconded the appeal on Zubiri’s ruling.
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