THE Department of Justice has issued an Immigration Lookout Bulletin Order (ILBO) against 16 officers and incorporators of KAPA-Community Ministry International Inc., and three officers of Alabel-Maasim Credit Cooperative (ALAMCCo).
“Immigration officers are directed to monitor within all ports of exit and entry the movement of those covered and verify if legal basis exists to prevent them from leaving Philippine jurisdiction,” Undersecretary and spokesperson Markk L. Perete said in a statement.
The eight incorporators of KAPA are Joel A. Apolinario, Nonita S. Urbano, Junnie G. Apolinario, Nelia V. Nino, Maria Pellea B. Sevilla, Jouelyn A. Del Castillo, Cristobal R. Barabad, and Joji A. Jusay.
The eight KAPA officers included in the ILBO, meanwhile, are Mr. Apolinario, Reyna L. Apolinario, Modie S. Dagala, Benigno D. Tipan, Jr., Marnilyn M. Maturan, Ricky A. Taer, Joji A. Tusay, and Margie A. Danao.
The three officers of ALAMCCo under the Lookout order are Chairman Jerson A. Cagang, Corporate Secretary Cynthia A. Gomeri, and Chief Finance Officer, Ailene D. Mancao.
The National Bureau of Investigation (NBI) said they are going to file appropriate complaints against officers of KAPA for violation of Sections 8 (Requirement of Registration of Securities) and 26 (Fraudulent Transactions) of the Securities Regulation Code.
The Securities and Exchange Commission (SEC) found KAPA, an independent religious corporation, to be soliciting investments despite the lack of a secondary license to do so. The SEC issued a cease-and-desist order against the religious group last February but it still continued it operations and revoked its certification of registration last April.
SEC also secured a freeze order from the Court of Appeals against KAPA over its alleged involvement in an investment scam.
The office of ALAMCCo meanwhile was among the offices served with search warrants by the SEC and NBI on June 10 in a bid to shut down alleged fraudulent schemes. — Vann Marlo M. Villegas