Maria Ressa acquitted in anti-dummy case

Maria Ressa, the Nobel Peace Prize laureate and CEO of Rappler, along with the news organization's directors, have been acquitted by a Pasig City court in an anti-dummy case.

The Pasig City Regional Trial Court Branch 152 granted the demurrer to evidence filed by the accused, leading to the dismissal of the case for insufficiency of evidence.

The anti-dummy law case was filed during the previous administration, stemming from allegations by the National Bureau of Investigation.

The NBI accused Rappler of violating the anti-dummy law through the issuance of Philippine Depositary Receipts (PDRs) to foreign investor Omidyar Network.

Rappler has consistently asserted its 100% Filipino ownership, explaining that PDRs are simply legal financial instruments utilized by other media organizations for financial dealings.