Rappler not fully Filipino owned— CA
Credit to Author: JOMAR CANLAS, TMT| Date: Mon, 11 Mar 2019 03:51:47 +0000
THE Court of Appeals (CA) on Monday ruled that news site Rappler was not fully Filipino owned and has, therefore, violated the 1987 Constitution.
Th appeals court ruling comes after it junked the motion for reconsideration filed by Rappler.
In a 25-page Resolution of the CA Former Special 12th Division, dated February 21, 2019, it affirmed the findings of the Securities and Exchange Commission (SEC) against thr online news website.
“Wherefore, this Court hereby resolves to Deny the Motion for Partial Reconsideration dated 17 August 2018 for lack of merit. The decision dated 26 July 2018 stands,” the ruling reads.
It ruled that SEC complied with the requirements of notice and hearing afforded to Rappler.
The CA junked the motion filed by Rappler finding no grave abuse of discretion on the part of SEC.
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