Solons seek probe on ABS-CBN property, Lopez group loans and Amcara

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MANILA - Three separate resolutions have been filed by some congressmen who voted to deny ABS-CBN a new broadcast franchise, seeking investigation on alleged loan condonation favoring Lopez-controlled

companies, the authenticity of the media network's land title, and alleged violations of Amcara Broadcasting Corporation.

According to the resolution, the allegedly condoned loans may exceed the amount of P1.6 billion, an amount the government needs in the middle of the pandemic. Deputy Speaker Rodante Marcoleta files House Resolution seeking a congressional inquiry into the authenticity of ABS-CBN's land title for its property on Mother Ignacia Avenue, Quezon City. pic.twitter.com/uBrQ4anOp6Marcoleta said that during the franchise hearings, the network presented as proof of the Mother Ignacia Property a machine copy of the Owner’s Duplicate Certificate.

Marcoleta cited a jurisprudence wherein "the Supreme Court declared the title of a certain land in Quezon City as null and void ab initio, considering that none of the parties therein has established a valid acquisition of the the land and therefore still part of the patrimonial property of the government.”

 

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trabaho ba talaga nyo yan? anong legislation ba ang gusto nyong i achieve dyan?

There’s nothing to worry about if all their business transacations and loans are legal. It’s good that these big companies get investigated. If everything is legal, they will redeem themselves then! But, if there’s a smoke, there’s a fire then!😆

Un ang gusto nila..to sell the company!!next plan pls

In aid of legislation or in aid of re-election? The bashers must be running out of steam.

sad, but at this point it would make sense to sell the company 😢

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