Practice question
During a Senator’s term, a government corporation grants a special franchise. The Senator is proved to have a financial interest in it through a nominee holding the interest for his benefit. He argues that Section 14 reaches only interests recorded directly in his name. No question exists about the nominee arrangement. Which conclusion is correct?
- The prohibition reaches direct and indirect financial interests, so the nominee arrangement does not by itself avoid it.
- Only interests personally signed in ink are covered.
- Government corporations are expressly excluded.
- Every indirect interest is constitutionally invisible.
- The prohibition concerns only criminal prosecutions.
Legal references
- 1987 Constitution: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/3/353 Article VI, Section 14.
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