PRRD: Franchises of non-compliant companies must be blocked

President Rodrigo R. Duterte warned Monday that he will block the franchises of companies that do not comply with the requirements of the government.

President Duterte did not name the company he was talking about. However, he pointed out that these companies do not pay their taxes and are “riding on popularity because it’s so popular.”

“It’s a fad now to have these kind of shows but yet abandoning their duty to government. And you ask protection from government in your business. In return, you pay your taxes correctly.”

He sternly stated that he will not implement the franchise until “they settle their full accounts.”

“For all I care, you can have a thousand franchises. You will not see the light of day there until you come to government with clean hands. [As they say,] ‘He who comes [in] to equity must come with clean hands.’

The president denied holding any grudge and said he would even salute the company 5 times in full attention if the delinquencies in taxes are settled with the government.

Following the filing of a bill giving 25 years of franchise to giant media outlet ABS-CBN by Batangas 6th District Representative Vilma Santos-Recto, the Chief Executive warned that non-compliant companies should not compel him to do “something which is not lawful.”

“Just because you give them a franchise, it does not follow that all of their misdeeds in the past are condoned and forgiven.” – PTV News Online

Popular

VP on trial: What you need to know about the impeachment of Sara Duterte

By Brian Campued About five months since the second series of impeachment complaints against Vice President Sara Duterte was formally initiated, the House prosecution panel...

Impeachment trial: The pursuit of truth, justice, and accountability

By Dean Aubrey Caratiquet At its core, every government around the world implements a set of checks and balances enshrined in its respective constitution to...

Canadian firms’ $15.9B investment pledges seen to boost PH mining sector

By Ruth Abbey Gita-Carlos | Philippine News Agency Canadian gold and copper producer OceanaGold Corp. has pledged to invest $1.9 billion for the continued operation...

PBBM positions PH as ‘responsible’ hub for mineral processing

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Friday (Canada time) positioned the Philippines as a “responsible” hub for...