The company has once again distanced itself from the ongoing family feud.
On Friday, May 8, media giant ABS-CBN Corporation issued a new statement following the complaint filed by the camp of Federico “Piki” Lopez.
The said executive reportedly logged a complaint before the Securities and Exchange Commission (SEC) last Wednesday, May 6.
He is looking for an intervention in ABS-CBN by establishing a management committee and conducting a forensic audit over alleged questionable disbursements.
For its part, the Kapamilya network stated: “ABS-CBN and its people continue to be dragged into a fight they are not part of.“
“ABS-CBN is aware of published reports of an alleged complaint filed by ABS-CBN board director, Federico “Piki” Lopez’s lawyers with the SEC,” it added.
The company then noted that the Board of Directors of ABS-CBN has “consistently commended the ABS-CBN team for all their efforts and sacrifices to keep ABS-CBN afloat.”
“There have been no recorded objections to these commendations,” it stressed.
They also said that Piki, who also sits as a director of the corporation, should instead engage with the rest of Board.
“Instead of publicly calling out certain employees, and as a Director of the Company, Piki should just engage the Board in constructive discussion,” the ABS-CBN management said.
“This public discussion is unfair to these employees and is uncalled for.“
ABS-CBN then underscored that it’s entire workforce continues to focus on returning the company to solid footing.
“All these public accusations are painful distractions that take time and resources away from what is truly important to us. We hope our stakeholders choose to support our mission of public service rather than add further obstacles to our recovery,” it added.
In line with what is happening, ABS-CBN said that the majority of the Lopez family has already stated that the issues in their family dispute “do not involve ABS-CBN.”
“Huwag na po sanang idamay ang ABS-CBN sa isang away na hindi naman amin,” it concluded its statement.