“Yun namang ABS-CBN, binaboy ako" : Duterte slams ABS-CBN over foreign subsidiaries, tax-free equipment

Apparently the speech given by President Rodrigo Roa Duterte in Jolo, Sulu is an edited version.

There were instances that the President really indeed named ABS-CBN and other billionaires in the country, even Rappler was lambasted by the President in that speech.

“Alam mo, itong pangyayari ng ABS, sabihin niyo sa mga anak ninyo, tax-free ‘yan. All equipment ng ABS-CBN, tax-free pumasok. Tapos ang titulo nila, 44 hectares. 44 square meters, Maria Ignacia, it’s supposed to be 44,000 square meters. Yung mga lokohan na,” Duterte said.

President Rodrigo Roa Duterte
(photo credit to owner)

He also slammed the Lopez-controlled ABS-CBN Corporation for its “holding companies” abroad.

“Tapos may mga holding company sa labas. Ganun din. Ano ‘yung, ano ‘yung inano nila ni Marcos. Sila rin. Cayman, tapos may holding company sa Hungary, dun nila binubuhos. Kunwari, may ano sila, may investment sila dun. Padala sila ng pera. Pero yung investment na yan, wala na. Yung pera hindi na yan babalik. Kaya walang taxes,” he said.

He even said how the Kapamilya network deviled him during the campaign period up until his victory in the 2016 Presidential elections.

“Yun namang ABS-CBN, binaboy ako. Pero sinabi ko pag ako nanalo, bubuwagin ko ang oligarchy ng Pilipinas. Ginawa ko. Without declaring martial law, sinira ko yung mga tao na humahawak sa ekonomiya at umiipit at hindi nagbabayad. They take advantage, sa kanila political power,” he said during his talk with the troops.

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