MANILA–Media giant ABS-CBN will acquire the Commission on Elections as part of the Aquino administration’s privatization program, a highly placed source in the network revealed during an exclusive interview with Outtakes.
The source, however, emphatically denied that the deal has anything to do with stopping ABS-CBN star Kris Aquino from leaving show business again.
Turning over the Comelec to the private sector is in line with the administration’s plans to privatize Philippine General Hospital and other public services. The source said the deal “is in the spirit of Presidential Proclamation No. 50, which prescribes privatization to improve efficiency and provide better quality service, among other things.”
EXCLUSIVE: Comelec to be privatized | Action for Economic Reforms (AER)