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WAHANA CREDIT AND LOAN CORPORATION / WAHANA MULTI PURPOSE BANK

Date Posted: 1 March 2018

WAHANA CREDIT

WAHANA CREDIT

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The public is hereby warned concerning theallegedinvestment taking activities of WAHANA CREDIT AND LOAN CORPORATION / WAHANA MULTI PURPOSE BANK, withoffice located at No. 467 Alabang-Zapote Road, RR Gonzales Commercial Building, Las PiƱas City.WAHANA CREDIT AND LOAN CORPORATION / WAHANA MULTI PURPOSE BANK are not SEC-registered entities and were not issued Certificates of Authority to Operate as Lending and/or Financing Companies.Information that reached this Commission disclosedthat said entities, with alleged business of lending money to casino players, are soliciting investments from the public with a promise ofreturnas high as 12% weekly interest or 48% monthly interest. For the information of the public, WAHANA CREDIT AND LOAN CORPORATION / WAHANA MULTI PURPOSE BANKarenot authorized to solicit investments from the public as they haveno necessary permit from this Commission as required under Section 8 of the Securities Regulation Code (SRC).Those who invite or recruit other people to join or invest in this venture or offer investment contracts or securities to the public may be held criminally liable or accordingly sanctioned or penalized, in accordance with the Supreme Court decision in the case of SEC vs. Oudine Santos(GR No. 195542, March 19, 2014).In view thereof, the public is hereby advised to exercise self-restraint and caution or more prudently to stop investing their money into such investment activity and to take the necessary precautions in dealing with the above-named entity and/or its representatives.The Commission urges anyone who has knowledge or informationregarding the operation of this entity orabout any business transaction involving these securities or investment opportunities to report such activity immediately to the Commission so that appropriate measures can be taken through the Enforcement and Investor Protection Departmentat telephone numbers 818-6337 or818-1898or email address: epd@sec.gov.ph26February 2018