PRESIDENT Rodrigo Duterte revealed Thursday his plan to block the renewal of ABS-CBN Corporation's 25-year congressional franchise. Duterte, in an interview with reporters, said ABS-CBN would be able to secure a renewed franchise under his administration, as he expressed his disappointment over the country's largest television network. "The ABS franchise will be due but it does not need extension because it has been there for about 25 years. The law says it's okay, only if you adhere to journalistic," the President said. "But what have you done to us? Estafa, swindling. Not only me but also Escudero and others. You collected and committed estafa so I will file a complaint. Congress, need to renew it," he added. Duterte has a growing spat with the ABS-CBN for its supposed biased reporting during the 2016 presidential campaign. The President has repeatedly called the ABS-CBN's story on his alleged hidden wealth as “garbage.” He has also said that they would soon get their “karma” for “unfairness” in reporting. ABS-CBN failed to get a new legislative franchise for the operations of its television and radio for another 25 years before the 16th Congress adjourned in June 2016. ABS-CBN's franchise will expire on March 30, 2020.
Read more: http://www.sunstar.com.ph/manila/local-news/2017/04/27/duterte-threatens-block-renewal-abs-cbns-congressional-franchise-538846
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Read more: http://www.sunstar.com.ph/manila/local-news/2017/04/27/duterte-threatens-block-renewal-abs-cbns-congressional-franchise-538846
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