Thousands of Kapa members join Gensan rally against gov’t crackdown
Robie de Guzman • June 13, 2019 • 2251
Members of the Kapa Community Ministry International on Thursday gathered in a prayer rally in General Santos City in Mindanao to appeal against the government’s crackdown on the group’s alleged investment scam.
Thousands of the group’s members coming from different areas in Luzon and Visayas arrived at the Sports Complex, Calumpang since Wednesday to join the event.
The rally was held after President Rodrigo Duterte ordered an intensified crackdown against the group’s alleged operation of investment scams.
The Securities and Exchange Commission (SEC) earlier said criminal complaints will be filed against the officials of Kapa Ministry for operating a fraudulent investment scheme.
SEC Chairman Emilio Aquino said Kapa Ministry solicited what it called “donations,” promising returns as high as 30 percent per month without the appropriate secondary license for investment products.
The commission already issued an advisory against Kapa’s activities in March 2017 and a cease-and-desist order in February 2019.
The Court of Appeals (CA) earlier ordered the freezing of several bank accounts and other assets linked to Kapa upon the petition of the SEC and the Anti-Money Laundering Council.
Amid the crackdown, some of Kapa members belied that their investment scheme was a scam.
Kapa president and co-founder, pastor Joel Apolinario has yet to show up in the group’s gathering in General Santos City.
He, however, sent a message explaining to his members that he chose not to attend Thursday’s rally to avoid any chaos should authorities try to arrest him during the event.
Rene Catubigan, an official lecturer of Kapa Ministry, claimed that Apolinario will meet with Duterte when he arrives in Davao City later Thursday. The president is scheduled to travel to General Santos City on June 13 to attend a public engagement.
Catubigan said Apolinario is likely to personally explain Kapa’s investment scheme and appeal to the president to stop the crackdown against their group.
“Ang mga representative ng Kapa, if not the founder himself, pupunta sa Davao at makikipagkita sa ating mahal na pangulo,” he said.
“Hindi siguro ako ang right person [to say it] pero my speculation is that they will be talking about the legalities of Kapa if there are any changes,” he added.
Kapa Ministry members hope that the president will listen to their plea. (with details from Janice Ingente)
President Rodrigo Duterte reactivated the El Niño task force this week after reports of recurrence of El Niño phenomenon.
The Memorandum No. 38, signed by Executive Secretary Salvador Medialdea on Tuesday (Aug 13) aims to mitigate the effects of El Niño.
“Recent monitoring and analyses of the Department of Science and Technology (DOST) – Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) indicate that the warm sea surface temperature fully developed into the El Niño phenomenon,” according to the memorandum.
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