Duterte eyes reassignment of ABS-CBN’s radio frequencies; again accuses firm of unpaid taxes

📆 27/07/2021 12:22 pm
📰 cebudailynews

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MANILA, Philippines — President Rodrigo Duterte said Monday that he would reassign radio frequencies that were held by ABS-CBN Corp. while again accusing the former television giant of owing the

During his final State of the Nation Address, the President continued his feud with the media group owned by the influential Lopez family.

On Monday, Duterte also accused ABS-CBN of unpaid taxes. This was even after BIR assistant commissioner Manuel Mapoy said during a hearing before lawmakers on July 1, 2020, thatThe President also said ABS-CBN was cheating the government of real property tax collections, backing this up with an erroneous claim the company’s headquarters in Quezon City was 10 times its actual size.

ABS-CBN’s headquarters sits on a 44,000 square meter or 4.4-hectare property along Mother Ignacia Street in Quezon City, based on its regulatory filings submitted to the Securities and Exchange Commission and Philippine Stock Exchange.

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