QUEZON CITY, NCR
After a series of hearings, the House of Representative has voted YES to deny ABS-CBN franchise renewal today.
The numerous accusations against the Lopez family were the main reasons of rejection, It was found out that the company was violating the legal duties of broadcasting firms to influence free elections by favoring candidates in the past national elections.
In his closing arguments before the committee, House Speaker Alan Peter Cayetano cited the specific issues that the Lopez family committed against the Filipino people through ABS-CBN.
“We all agree that Freedom of the Press must be protected. But, as these hearings have shown, we disagree from whom and how.
We will all agree on the basic premise that big business, conjoined with commercial media should not be allowed to engage in partisan politics by wielding its power to protect their interest, meddle and interfere in elections, and surreptitiously support certain candidates in the guise of reporting the news.” Speaker Cayetano said.
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