Maria Ressa

Maria Ressa (Global FWN100™ '14) insists on Malacañang’s hand in SEC rule vs Rappler

Maria Ressa (Global FWN100™ '14) insists on Malacañang’s hand in SEC rule vs Rappler

In a decision dated January 11, the SEC ordered the revocation of Rappler Inc.’s certificate of incorporation for violating the restriction on foreign ownership of local media, the anti-dummy law, the corporation code, and the Securities Regulation Code.Rappler CEO Maria Ressa (Global FWN100™ '14) disputed the claim of the Duterte administration that it had nothing to do with the controversial decision of the Securities and Exchange Commission (SEC) to revoke the news outfit’s license for allegedly violating ownership rules.