Thinking Pinoy Reveals Financial Status of Rappler and How They Violate the Philippine Constitution


One of the country's most prominent social media personality, Thinking Pinoy revealed another interesting piece about the financial status of the internationally-funded Rappler.com and how they violated the Philippine Constitution to avoid bankruptcy.


According to various evidences gathered by Thinking Pinoy, the blogger who was accused by Rappler as one of those who received financial support from Sec. Martin Andanar, Rappler. Thinking Pinoy already made a rebuttal and denied the allegations thrown by Rappler.

In order to lecture Rappler on how to conduct an investigative report, Thinking Pinoy gathered some evidences that will prove how Rappler violated the constitution and how the company keeps afloat despite the hard facts that it is non profitable since it was founded.

Based on the documents gathered by Thinking Pinoy particularly the General Information Sheet (GIS) of Rappler submitted to the Securities and Exchange Commission (SEC), Rappler uses the industry classification as "Other Monetary Intermediation," despite describing itself as a news media company.


Thinking Pinoy also exposed that Rappler allegedly violates the Philippine Constitution: "Article VI Section 11. (1) The ownership and management of mass media shall be limited to citizens of the Philippines, or to corporations, cooperatives or associations, wholly-owned and managed by such citizens."

Based on the documents gathered by Thinking Pinoy with proven links added to his article, Rappler received funds from Malaysia-based North Base Media and US-based Omidyar Network, two of the world's most prominent companies allegedly involved in destabilizing efforts against national governments.

The veteran blogger, Thinking Pinoy also revealed that Rappler, whom he described as a college sorority blog, posted multi-million loses year after year. The company relied on capital infusions to keep itself afloat since the year it was founded.

Read More about the expose about the financial status of Rappler and how the company violated the Philippine Constitution by receiving foreign funds despite being called a social news network. Keep reading by following the source below.

Source: Thinkng Pinoy


Thinking Pinoy Reveals Financial Status of Rappler and How They Violate the Philippine Constitution Thinking Pinoy Reveals Financial Status of Rappler and How They Violate the Philippine Constitution Reviewed by Phil Newsome on 2/02/2017 Rating: 5

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