Claim: Issuing Philippine Depositary Receipts  to foreigners does not equate to granting them actual ownership, contrary to a statement of ANAKALUSUGAN Party-list Rep. Mike Defensor on the denial of ABS-CBN's franchise bid.
Fact-check: VERA FILES FACT CHECK: Defensor mistakes PDRs for foreign ownership
Verdict: issuing philippine depositary receipts  to foreigners does not equate to granting them actual ownership, contrary to a statement of anakalusugan party-list rep. mike defensor on the denial of abs-cbn's franchise bid.
Organisation: VERA Files
Author: Unknown
Date published: 2020-07-28T12:19:00