THE revocation of online news site Rappler’s license has yet to take effect pending a ruling on its appeal to the courts, thus it can still exist and even reincorporate, Securities and Exchange Commission (SEC) chairperson Teresita Herbosa said on Friday.
Herbosa made the statement after President Rodrigo Duterte barred Rappler on Wednesday from covering press conferences at the Palace. The President has said he was merely following the SEC ruling, which revoked Rappler's registration for alleged violation of foreign ownership rules.
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