US-BASED Omidyar Network’s donation of its voided securities to 14 managers of Rappler was an “admission” that the online news outfit violated the constitutional ban on foreign ownership in media entities, Malacañang said on Thursday.

Omidyar Network said on Wednesday it was “donating” its Philipine Depositary Receipts (PDRs) in Rappler, worth about $1.5 million, to local managers to fend off the government’s push to shut down the site, which is critical of the Duterte government.

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