Upholding the dignity and labor rights of media workers is essential to the flourishing of press freedom and enhancement of the people’s right to timely and accurate information, the Commission on Human Rights (CHR) said Friday.This came after the approval of the proposed Media… Read More
“I know the suspicion is that it is always because of the political positions that they took against PRRD. The actual technical reasons are these issues that were found during the hearings in the House.The question of the ABS-CBN franchise is really about the violations and problems they have encountered during the hearings and the investigation in the House of Representatives.”
President Ferdinand “Bo.gbong” Marcos Jr. has guaranteed that he would not block any efforts to give ABS-CBN Corp. a new 25-year legislative franchise.In a pre-recorded exclusive interview with TV host-actress Toni Gonzaga aired on AllTV Channel, Marcos said ABS-CBN’s bid for a new… Read More
Revocation order issued in last 2 days of Duterte presidency
MANILA, Philippines – On the last two days of President Rodrigo Duterte, the Securities and Exchange Commission (SEC) issued an order affirming one more time its decision to revoke the certificates of incorporation of Rappler.
“The company registration and monitoring department is hereby directed to effect the revocation of the certificates of incorporation in the records and system of the Commission,” read part of the order dated June 28, and signed by SEC chairperson Emilio Aquino; and Commissioners Javey Paul Francisco, Kelvin Lester Lee, Karlo Bello, and McJill Bryant Fernandez.
What does this mean? “We have existing legal remedies all the way up to the highest court of the land. It is business as usual for us since, in our view, this is not immediately executory without court approval,” said Rappler in its statement on Wednesday, June 29.
In a statement on Wednesday, the SEC said: “In this light, the latest order issued by the Commission En Banc merely puts in effect its earlier decision and those of the Court of Appeals.”
This comes after the National Security Council (NSC) blocked news websites, including Bulatlat.com, using the feared anti-terror law.
In July 2018, the Court of Appeals (CA) issued a decision siding with the findings of the SEC that Rappler’s issuance of Philippine Depositary Receipts (PDRs) to foreign investor Omidyar constituted some amount of foreign control that was prohibited by the Constitution. The Constitution requires that media companies should have zero foreign control.
But in the same decision, the CA said that when Omidyar donated its PDRs to Rappler’s Filipino managers, “the negative foreign control found objectionable by the SEC appears to have been permanently removed.” The CA remanded the case to the SEC to reevaluate, with a nudge to the Corporation Code’s clause allowing companies to have a grace period to cure their alleged defects.
The SEC stood by its findings in February 2021. Rappler filed a motion for reconsideration before the SEC. This latest order is an action to that motion.
SEC said in this latest order: “Considering that the object of the Donation (the Omidyar PDRs) was void for being contrary to law, the Donation itself was void under Article 1409(1) of the Civil Code for being contrary to law and public policy.”
SEC said that when the CA remanded the case, the appellate court did not order to reinvestigate but only to reevaluate. Rappler asked the SEC to receive additional evidence.
“The Commission’s compliance with the said directive could not have violated the due process rights of Rappler and RHC because, by the very nature and essence of the directive, Rappler and RHC were not entitled to participate in the said legal evaluation,” said the SEC.
In February 2019, the CA affirmed its 2018 decision. By September 2019, the Supreme Court issued a resolution declaring the case closed and terminated. The CA registered its books of entry of judgment, declaring it had attained finality in March 2019.
“Public interest will be served if the revocation of the Certificate of Incorporation of Rappler and Rappler Holdings Corporation is sustained because it will implement the policy of respecting and fully complying with the provisions of the Constitution, to which every Filipino owes allegiance,” said the SEC in its order.
Rappler told its staff in an internal memo sent late night Tuesday: “Clarity, agility, sobriety. Review our drills and the tasks assigned to you.”
“Meantime, it is business as usual for us. We will adapt, adjust, survive and thrive.” – Rappler.com
Panelo slams remark as ‘exaggerated’
Rappler CEO Maria Ressa is exaggerating by characterizing the media and press landscape in the Philippines under the Duterte administration as “worse than any war zone” that she has been in, Malacañang said on Monday.
Presidential Spokesperson Salvador Panelo pointed out that only those involved in the illegal drug trade who resisted arrest could compare their environment to a war zone.
“She is always exaggerating. It’s only a war zone to those who are involved in drugs and who resist violently any warrant of arrest being served to them or when they are subject to a buy-bust operation and they violently resist as well as imperil the lives of the law enforcement officers,” Panelo said in a Palace briefing.