Saturday| May 20, 2017
President Rodrigo Duterte said that he will file charges of "multiple syndicated estafa" against ABS-CBN.
"I'm telling you now, I will be filing charges of multiple syndicated estafa," he said in his speech at Davao City yesterday.
"Kawalang hiya ninyo, kapal ng mukha ninyo, putangina ninyo leche kayo (You have no shame, your faces are too thick, you sons of bitches)." Pres. Duterte said.
"Gabby Lopez, I paid ABS-CBN P2.8 million....You accepted my money, you never bothered to show my propaganda (political advertisements). After the elections, you didn't return the money,"
Earlier the President also claimed that sa politicat advertisment was not aired. This candidates was Alan Peter Cayetano, and Francis Escudero.
President Duterte vowed to block the renewal of ABS-CBN's 25-year legislative franchise which grants it the right to operate as a broadcasting firm.
Its current franchise will expire while Duterte is still in power. House Bill 4349 seeking to renew the franchise is still at the committee level. (READ: ABS-CBN franchise not for urgent renewal, clarifies lawmaker)
The day Duterte was giving his speech, ABS-CBN held a briefing for its investors in Makati.
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