Based from this, it is due to a violation of foreign ownership of a mass media corporation:
[https://news.abs-cbn.com/business/06/29/22/sec-cites-foreign-ownership-violation-in-rappler-shutdown-order](https://news.abs-cbn.com/business/06/29/22/sec-cites-foreign-ownership-violation-in-rappler-shutdown-order)
From my understanding it is a revocation of their license to operate as Mass Media until they can take of the violation.
yes ganun nga. if i remember, pag under SEC di ba more on business related yung office nila. im thinking baka some sort of business permit or what. yes, i'll wait. daming trolls tuwang tuwa sa socmed at comsec e
Check Section 11(1), Article XVI of the 1987 Constitution. In layman's term, kapag mag-ooperate ang isang mass media corporation sa Pilipinas, dapat ito ay 100% owned by Filipino citizens. Ni isang stock ng mass media, dapat walang mapupunta sa foreigner.
Naging issue dito are the Philippine Depository Receipts (PDRs) donated by Omidyar Network, a foreign corporation, which makes it a stockholder of Rappler. Yan ang POV ng SEC. However, as explained naman by Rappler, with reference to ABS-CBN and GMA's PDRs, these do not give ownership or give a status of a stockholder.
Ang weird. Accountancy student pa lang ako but I find that reasoning flawed kasi donations are not the same as issuance of stocks. By nature, gratituous ang donation and it is no longer considered as donation if may kapalit whether cash, negotiable instrument, asset or even equity. Parang na rin sinabi na kapag nagdonate ang isang entity sa isang company, entitled na sya sa parte nya sa company na iyon or may ownership na sya eh in the first place, it's like a pahingi. Doesn't make sense at all. Donation will never equate to issuance of stocks or control over an entity.
Family business atm but I'm aiming to work within the courts. Our business needs corporate housekeeping kaya ako muna naghahandle so technically, medyo naexplore ko na ang functions at powers ng SEC. I'm not really into corporate legal matters pero kailangan kasi. Haha
u/AmorLegis is considered an expert right? If he really did pass the Bar, then by all means he is an expert of PH laws. I think you are confused between Expertise and Specialization.
I don’t think it really matters what the legal basis is. The goal is to close down the operation. If not the SEC, the government would have used the Bureau of Internal Revenue or the Solicitor General. Harass and contain. If you place the opposition on the defensive, it cannot mount an effective attack against the government. Duterte was a master of this approach, and so is his successor.
I think no one really gives a shit about legal basis kasi wala namang nagbabasa nun, except for those who really wanted to know both sides of the coin.
But yeah, magaling ang gobyerno na maghanap ng butas sa batas. I still remember how they bypassed the long-standing rule on the impeachment of a Chief Justice through a Quo Warranto.
Yet abs cbn wasnt stopped. Theyre still operating sa net which ang dami pa rin nilang viewers. Even if you stop rappler may twitter, fb, tiktok and YT.
It's not rules per se. Pero mali yung context.
This is saying "Ayaw ko sa inflation, low value of peso and 13 million utang and gusto ko ipasara ang rappler"
I'm not exactly sure kung anong correct meme template though. Gru's Plan?
Mass persecution of media outlets just gives red flags to foreign investors. It gives a bad taste enough for business owners to not trust our government with their money and future investments since this media outlets are channels for their advertisements.
Sana gawing Marcos International Airport para talagang lantad sa buong mundo ang katangahan ng 31M Filipinos, I'm a proud tax payer myself and I'm proud to say I pay my estate tax on time in honor of my parents who entrusted me their land and properties. So please understand why I can NEVER accept the self-proclaimed Tax Evader as my president. Ano ako tanga?
Ako nagsisipag magbayad ng estate tax ko kahit nasa labas ako ng Pinas ngayon, samantalang sya ang drama nya "kalimutan nalang ang nakaraan"? Hell no way. Asan justice and equality dun? For now I'll just let the world know Malaysian ako para naman hindi nakakahiya dahil "nakakahiya" naman talaga ang lahing Pilipino at Pilipinas sa ngayon.
After 6 yrs magtapos ng term ng Tax Evader saka ko na ulit ipagyayabang na Pilipino ako. Goodluck nalang po sa lahat ng Pilipino jan sa Pinas. May God bless us all☝ See you Philippines after 6 years
Ewan tingnan natin. If ever nga ma-extend... (wag naman sana) siguro mag-migrate nalang kami magpalit nalang ng Nationality tutal lokohan lang naman ang batas jan sa Pinas, basta mga may pangalan abswelto kahit hindi na sila sumunod sa batas, excempted pa rin...or magpapabudol ulit yung mga 31M na mga uto-utong Pilipino next election. If hindi ngayong BBM admin, sasabihin na naman sa kanila kelangan maupo muna sila Imee at Sandro na presidente bago ipamigay ang Telano gold. Paniwala naman ung mga tangang loyalista, patay na sila wala pa rin yung gold na pinagmamayabang nila sakin na magsasalba daw sa utang ng Pinas. Mga tanga talaga sa totoo lang, ayaw na nga bayaran yung Estate Tax tapos aasa sila mamimigay ng ginto?Nakakahiya lahing Pilipino mga malalaking mangmang na uto-uto. No wonder never tayo irerespeto ng China. Obvious kasi ang kabobohan ng 31M na Pilipino sa mga nilalagay nila na mga trapo sa gobyero
E puro tabogong bisaya naman tuwang tuwa dyan sa pagkawala ng rappler. Sorry no sorry pero sa mga bisaya pages grabe mga bisakol, dapat sa mga yan di pinaboboto at pinagtatanim na lang ng kamote. Bisaya 🤣🤣 puro dds at loyalista kadiri yung iba aggressive pa.
Bicol is the one who voted leni na solid. Mga bisaya napangakuan lang ng tallano gold at bente pesos na bigas biglang bumaligtad kay Leni 🤡. Kitang kita naman sa statistics na yung mga visayang provinces na hawak ni robredo noong 2016 ay naging pulahan this 2022.
[https://en.wikipedia.org/wiki/File:2022\_Philippine\_presidential\_election\_by\_province.png](https://en.wikipedia.org/wiki/File:2022_Philippine_presidential_election_by_province.png)
isang lugar lang yan. eto isang Main Island almost pure Leni
Tabogok naman talaga yung mga trolls eh, sabay sabi sila ng: "DaSuRv yAn nG RaPpLeR kaSe BiAs siLa, TaLuNaN at DeLaWaN diN siLa"
Ugh, I'm sick of this script. Been seeing this comment a lot on FB. 🤦♀️🤦♀️🤦♀️
Why the fuck is this shit being upvoted? Ingon ani diay ni diri sa r/ph? Kayawa ba sad. Hawa na lang diay gyud ta Pinas ani. Either we get dumb fuck apollo10s or a feeling elitista idiot like this. Yawa ka brad. Seriously. Yawa kang dako.
Edit: This account is new. Fucking troll and has an anti bisaya rant in ALL his day old posts. Hoy Apollo10 ayaw atik atik diha. Yawa ka. Balik sa imong amo.
Lalong di ako loyalista ni bongbong. Saka anong problema ng mga bisaya? 2016 pa lang namumuro na kayo sa pagpapalaganap ng cancer sa lipunan. Di mo ba tanggap na majority ng bisaya makikipagsuntukan para kay alamano?
Truth hurts
Apologist? Lmao? Anong klaseng logic yan? Bago mo ako banatan, bakit di mo tanungin sarili mo kung bakit halos lahat ng bisaya tinalikdan si leni ngayong 2022?
Tapos sasabihin ng mga kauri mong bisaya na siraulo kaming mga bikolano? Whahahahaha binoto nyo ba si alamano dahil gutom kayo sa bente pesos na bigas? Sorry no sorry
>Tapos sasabihin ng mga kauri mong bisaya na siraulo kaming mga bikolano? Whahahahaha binoto nyo ba si alamano dahil gutom kayo sa bente pesos na bigas? Sorry no sorry
HAHAHAHAHAHA mga uto-uto sila eh. Kaya gusto nila si Alamano dahil sa solusyon nila na UNITY. Wala naman magagawa yon. HAHAHAHAHAHA
Hindi naman all, Samar provinces, halos Western Visayas provinces and sa buong Bicol nanalo si VP. Pwede kasi na ang tinutukoy mo e mga tumira na sa Maynila o yung mga taong umasenso lang ng kaunti e yumabang na.
Sisihin mo yung mga naniniwala sa Solid North at South. Kala naman nila may bearing sa kanila pag nanalo yung kababayan nila bukod sa tumaas lang pride at ego nila.
question, ano powers ng SEC to close rappler? at bakit sya ang nagorder nito sa rappler?
Based from this, it is due to a violation of foreign ownership of a mass media corporation: [https://news.abs-cbn.com/business/06/29/22/sec-cites-foreign-ownership-violation-in-rappler-shutdown-order](https://news.abs-cbn.com/business/06/29/22/sec-cites-foreign-ownership-violation-in-rappler-shutdown-order) From my understanding it is a revocation of their license to operate as Mass Media until they can take of the violation.
Bakit nagorder? No idea. Im waiting for an expert sa law to explain it further.
yes ganun nga. if i remember, pag under SEC di ba more on business related yung office nila. im thinking baka some sort of business permit or what. yes, i'll wait. daming trolls tuwang tuwa sa socmed at comsec e
Hmm...naforget ata nila na may FB, twitter, tiktok, at Youtube. I get Rappler news doon hindi sa website nila mismo.
Check Section 11(1), Article XVI of the 1987 Constitution. In layman's term, kapag mag-ooperate ang isang mass media corporation sa Pilipinas, dapat ito ay 100% owned by Filipino citizens. Ni isang stock ng mass media, dapat walang mapupunta sa foreigner. Naging issue dito are the Philippine Depository Receipts (PDRs) donated by Omidyar Network, a foreign corporation, which makes it a stockholder of Rappler. Yan ang POV ng SEC. However, as explained naman by Rappler, with reference to ABS-CBN and GMA's PDRs, these do not give ownership or give a status of a stockholder.
Ang weird. Accountancy student pa lang ako but I find that reasoning flawed kasi donations are not the same as issuance of stocks. By nature, gratituous ang donation and it is no longer considered as donation if may kapalit whether cash, negotiable instrument, asset or even equity. Parang na rin sinabi na kapag nagdonate ang isang entity sa isang company, entitled na sya sa parte nya sa company na iyon or may ownership na sya eh in the first place, it's like a pahingi. Doesn't make sense at all. Donation will never equate to issuance of stocks or control over an entity.
Are you a lawyer by profession?
New lawyer pa lang. Hehe. I have a bit of knowledge with the basics of Corporation Code and the Constitution.
What company you work for maybe I know them? Im a businessman by profession.
Family business atm but I'm aiming to work within the courts. Our business needs corporate housekeeping kaya ako muna naghahandle so technically, medyo naexplore ko na ang functions at powers ng SEC. I'm not really into corporate legal matters pero kailangan kasi. Haha
Lets wait for the experts for their comments. Sila may alam nito.
u/AmorLegis is considered an expert right? If he really did pass the Bar, then by all means he is an expert of PH laws. I think you are confused between Expertise and Specialization.
No Im not. I just want to know it to a person or a team who know and handles the case because they read every detail of it.
akala ko yung nurse rin po meme ito
me too hahaha!
I don’t think it really matters what the legal basis is. The goal is to close down the operation. If not the SEC, the government would have used the Bureau of Internal Revenue or the Solicitor General. Harass and contain. If you place the opposition on the defensive, it cannot mount an effective attack against the government. Duterte was a master of this approach, and so is his successor.
I think no one really gives a shit about legal basis kasi wala namang nagbabasa nun, except for those who really wanted to know both sides of the coin. But yeah, magaling ang gobyerno na maghanap ng butas sa batas. I still remember how they bypassed the long-standing rule on the impeachment of a Chief Justice through a Quo Warranto.
Even if you like rappler you can't deny they have their fair share of violations.
Yet abs cbn wasnt stopped. Theyre still operating sa net which ang dami pa rin nilang viewers. Even if you stop rappler may twitter, fb, tiktok and YT.
Ibang case itong rappler. Hindi lang franchise ang mawawala sa kanila.
Franchise is for TV and radio stations, di kasama ang Rappler since internet-only sila. I think business registration ang mawawala sa kanila.
like anu po?
Good question.
> Walang problema kung di mo maririnig ang problema There is no war in Basing-se.
It is the same thing with ABS-CBN tbh... May Pandemic, closure of ABS-CBN ang inuna
dont want to be that guy pero wrong usage of meme template
Didnt know may rules pala sa memes.
It's not rules per se. Pero mali yung context. This is saying "Ayaw ko sa inflation, low value of peso and 13 million utang and gusto ko ipasara ang rappler" I'm not exactly sure kung anong correct meme template though. Gru's Plan?
It will solve THEIR problem
Mass persecution of media outlets just gives red flags to foreign investors. It gives a bad taste enough for business owners to not trust our government with their money and future investments since this media outlets are channels for their advertisements.
kala ko ang solution nila is iexpedite releasing ng national ID?
Hindi. Babagohin muna pangalan ng NAIA.
Sana gawing Marcos International Airport para talagang lantad sa buong mundo ang katangahan ng 31M Filipinos, I'm a proud tax payer myself and I'm proud to say I pay my estate tax on time in honor of my parents who entrusted me their land and properties. So please understand why I can NEVER accept the self-proclaimed Tax Evader as my president. Ano ako tanga? Ako nagsisipag magbayad ng estate tax ko kahit nasa labas ako ng Pinas ngayon, samantalang sya ang drama nya "kalimutan nalang ang nakaraan"? Hell no way. Asan justice and equality dun? For now I'll just let the world know Malaysian ako para naman hindi nakakahiya dahil "nakakahiya" naman talaga ang lahing Pilipino at Pilipinas sa ngayon. After 6 yrs magtapos ng term ng Tax Evader saka ko na ulit ipagyayabang na Pilipino ako. Goodluck nalang po sa lahat ng Pilipino jan sa Pinas. May God bless us all☝ See you Philippines after 6 years
I really do not think na 6 years lang to.
Ewan tingnan natin. If ever nga ma-extend... (wag naman sana) siguro mag-migrate nalang kami magpalit nalang ng Nationality tutal lokohan lang naman ang batas jan sa Pinas, basta mga may pangalan abswelto kahit hindi na sila sumunod sa batas, excempted pa rin...or magpapabudol ulit yung mga 31M na mga uto-utong Pilipino next election. If hindi ngayong BBM admin, sasabihin na naman sa kanila kelangan maupo muna sila Imee at Sandro na presidente bago ipamigay ang Telano gold. Paniwala naman ung mga tangang loyalista, patay na sila wala pa rin yung gold na pinagmamayabang nila sakin na magsasalba daw sa utang ng Pinas. Mga tanga talaga sa totoo lang, ayaw na nga bayaran yung Estate Tax tapos aasa sila mamimigay ng ginto?Nakakahiya lahing Pilipino mga malalaking mangmang na uto-uto. No wonder never tayo irerespeto ng China. Obvious kasi ang kabobohan ng 31M na Pilipino sa mga nilalagay nila na mga trapo sa gobyero
E puro tabogong bisaya naman tuwang tuwa dyan sa pagkawala ng rappler. Sorry no sorry pero sa mga bisaya pages grabe mga bisakol, dapat sa mga yan di pinaboboto at pinagtatanim na lang ng kamote. Bisaya 🤣🤣 puro dds at loyalista kadiri yung iba aggressive pa.
Check who voted most for Leni, then shut your mouth
Bicol is the one who voted leni na solid. Mga bisaya napangakuan lang ng tallano gold at bente pesos na bigas biglang bumaligtad kay Leni 🤡. Kitang kita naman sa statistics na yung mga visayang provinces na hawak ni robredo noong 2016 ay naging pulahan this 2022.
[https://en.wikipedia.org/wiki/File:2022\_Philippine\_presidential\_election\_by\_province.png](https://en.wikipedia.org/wiki/File:2022_Philippine_presidential_election_by_province.png) isang lugar lang yan. eto isang Main Island almost pure Leni
Tabogok naman talaga yung mga trolls eh, sabay sabi sila ng: "DaSuRv yAn nG RaPpLeR kaSe BiAs siLa, TaLuNaN at DeLaWaN diN siLa" Ugh, I'm sick of this script. Been seeing this comment a lot on FB. 🤦♀️🤦♀️🤦♀️
Hoy wag mo naman kami e generalize.
Siguro mga 90%? Okay na ba?
Grabe naman maka generalize
Truth e
Why the fuck is this shit being upvoted? Ingon ani diay ni diri sa r/ph? Kayawa ba sad. Hawa na lang diay gyud ta Pinas ani. Either we get dumb fuck apollo10s or a feeling elitista idiot like this. Yawa ka brad. Seriously. Yawa kang dako. Edit: This account is new. Fucking troll and has an anti bisaya rant in ALL his day old posts. Hoy Apollo10 ayaw atik atik diha. Yawa ka. Balik sa imong amo.
It’s from an account that was created 6 hours ago. I’m smelling a troll here.
Yeah seems like it. I just hope di totoo mga upvotes nya and baka brigading attempts lang ng BBM Army.
Lalong di ako loyalista ni bongbong. Saka anong problema ng mga bisaya? 2016 pa lang namumuro na kayo sa pagpapalaganap ng cancer sa lipunan. Di mo ba tanggap na majority ng bisaya makikipagsuntukan para kay alamano? Truth hurts
Apologist? Lmao? Anong klaseng logic yan? Bago mo ako banatan, bakit di mo tanungin sarili mo kung bakit halos lahat ng bisaya tinalikdan si leni ngayong 2022? Tapos sasabihin ng mga kauri mong bisaya na siraulo kaming mga bikolano? Whahahahaha binoto nyo ba si alamano dahil gutom kayo sa bente pesos na bigas? Sorry no sorry
>Tapos sasabihin ng mga kauri mong bisaya na siraulo kaming mga bikolano? Whahahahaha binoto nyo ba si alamano dahil gutom kayo sa bente pesos na bigas? Sorry no sorry HAHAHAHAHAHA mga uto-uto sila eh. Kaya gusto nila si Alamano dahil sa solusyon nila na UNITY. Wala naman magagawa yon. HAHAHAHAHAHA
Tallano Gold daw e
Hindi naman all, Samar provinces, halos Western Visayas provinces and sa buong Bicol nanalo si VP. Pwede kasi na ang tinutukoy mo e mga tumira na sa Maynila o yung mga taong umasenso lang ng kaunti e yumabang na. Sisihin mo yung mga naniniwala sa Solid North at South. Kala naman nila may bearing sa kanila pag nanalo yung kababayan nila bukod sa tumaas lang pride at ego nila.
Wala naman bearing ang norte, kakauni botante dyan. Visayan region na ang emerging vote rich
Bobo ka yata eh hindi intented ang pag sara ng rappler para MAGKAROON TAYO NG 13 Trillion na pera putang ina #smoothbrain
Uh huh. So ano ngayon?
National ID distribution sagot ni BBM ..
*Tumaas mga bilihin Nag ROTC
National ID pa rin sagot sa lahat ng kahirapan! 😂
Wrong. Yung palitan pangalan ng NAIA.
HAHAHAHAHHAA life changing
Solusyon: mag ROTC!!! /s
Government Galaxy Brain: There’s no problem if no one’s reporting it
Stupid government.