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Senator Ramon "Bong" Revilla Jr. (File photo) MANILA - Senator Ramon Revilla Jr. on Wednesday said there is neither suppression of press freedom nor an attempt to abridge free speech in the Securities and Exchange Commission's (SEC) decision to uphold its shutdown of Rappler Inc. and Rappler Holdings Corp. (RHC). Revilla, who chairs the Senate committee on public information and mass media, said SEC's order should be seen as a valid legal decision of the government's regulatory body to uphold the provision of the Constitution to protect the Filipino people. "The merits of the Decision are based on the violation of Rappler, Inc. and Rappler Holdings Corporation as corporate entities, and not in any way based on its nature as part of the press," Revilla said in a statement. Revilla noted that the order made by SEC should be respected as it is just doing its mandate being the national government's regulatory agency charged with supervision over the corp ....
The Securities and Exchange Commission (SEC) on Wednesday announced it has affirmed its order revoking the certificates of incorporation of Rappler Inc. and Rappler Holdings Corp. for supposedly violating the foreign ownership restrictions on mass media companies. ....