ABS-CBN chairman emeritus Eugenio “Gabby” Lopez III is both a
natural-born Filipino citizen and an American citizen and that has been
established in the Congressional committee hearings regarding the application
of legislative franchise by ABS-CBN Corporation.
GABBY Lopez in the said hearing said he would consider
renouncing his American citizenship to avoid conflict for the possible constitutional
conflict that may arise regarding the application of his company for a new
franchise.
“If it came down to conflict of interest, I would give up my
United States (US) citizenship in a minute.”Lopez said.
ABS-CBN chairman emeritus Eugenio “Gabby” Lopez III (Screengrabbed from the Congressional hearing) |
In the said hearing, Lopez admitted that he had not
considered being a dual citizen an issue in terms of him being an official of
the family controlled ABS-CBN Corporation.
“The way I see it, I
am first and foremost a Filipino, I will live and I will die in the
Philippines. Frankly, the issue of a dual citizen is not even something that I
think about,” he said during a House joint panel hearing tackling the media
network’s franchise.
“I know in
my heart that I am a Filipino and my actions in the last 35 years I’ve been
associated with the ABS, has been in the service of the Filipino in my mind,”
Lopez added.
Under Section 11, Article XII of the Constitution, “No franchise,
certificate, or any other form of authorization for the operation of a public
utility shall be granted except to citizens of the Philippines or to
corporations or associations organized under the laws of the Philippines, at
least sixty per centum of whose capital is owned by such citizens…”
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