urge NTC to shutdown RAPPLER website

urge NTC to shutdown RAPPLER website

Started
July 1, 2022
Signatures: 413Next Goal: 500
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Why this petition matters

Started by Moniq Ohsar

1 million signature to shutdown RAPPLER website Via NTC 

Its not about Press Freedom but Its about the LAW That RAPPLER violated so therefore their website MUST SHUT DOWN ASAP 

World-class journalism: Ressa’s Rappler is least trusted, most distrusted PH media – Reuters

SEC affirms revocation of RAPPLER's corporate registration
Published on: June 29, 2022
By Securities and Exchange Commission

To recall, the Commission En Banc, in a decision issued on January 11, 2018, found Rappler liable for violating the constitutional and statutory foreign equity restrictions in mass media when it issued questionable Philippine Depositary Receipts (PDRs) that granted Omidyar Network, a foreign entity, control over the media organization.

Accordingly, the SEC revoked the certificates of incorporation of Rappler, being the mass media entity that sold control to foreigners, and of RHC, being an alter ego that existed for no other purpose aside from effecting a scheme aimed at masking the former’s Constitutional violation.

The SEC also declared the PDRs void pursuant to Section 71.2 of Republic Act No. 8799, or the Securities Regulation Code, for being a fraudulent transaction within the ambit of Section 26.1 of the law.

Maria Ressa, Crusading Journalist, Is Convicted in Philippines Libel Case
The conviction of Ms. Ressa, a critic of President Rodrigo Duterte and his violent drug war, is the latest blow to press freedoms in the country. -NYT

 

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Signatures: 413Next Goal: 500
Support now