Fate of ABS-CBN franchise likely known next week

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The fate of the ABS-CBN legislative franchise is expected to be known next week or before the special session of Congress after a joint congressional panel shall have concluded its inquiry into the network’s operations.

A well-informed source disclosed that the House Committee on Legislative Franchises, which is jointly conducting the inquiry with the Committee on Good Government, said leaders of the two panels are eyeing Monday as the last day of the hearings, after which the former will prepare to vote on the network giant’s application for a legislative franchise.

However, Palawan Rep. Franz Alvarez, chairman of the legislative franchises panel, said there remains no plans yet for voting.A source claimed that the House leadership is eyeing to resolve the ABS-CBN franchise issue before the planned special session of Congress takes place “a week or two” prior to the State of the Nation Address of President Duterte.

 

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