filed in 2018, saying that the verdict upheld press freedom and restored confidence in companies that issue Philippine Depositary Receipts to raise investments.
Moreno, who once served as vice president and chief legal counsel of BPI Capital Corporation and an associate director of Ayala Corporation’s strategic planning group, said the cases had been “counterproductive” and hurt the economy. “From the start, what Rappler did was aboveboard and not violative of any law. It has been the practice. Unfortunately, this case was used against the critical press, and as a result, it affected the country’s investment climate and the economy,” Moreno said.
Rodriguez said, “These cases were mere harassment against Ressa for her and Rappler’s objective, fair, and fearless criticism of some actions of the Duterte administration.”