Another member said he had been receiving P15,000 bi-monthly from Klikmart Reward and a ranking member had reportedly bought a new car from the proceeds of his investment return from Klikmart.
This enticed others to join the shopping club.
However, NBI-7 Special Investigator Agapito Gierran said their raid was in order.
Local proprietors and officers or the management team of Klikmart Reward, for their part, assured that pay-out of members will continue.
It would be business as usual after the eight employees and members of Klikmart Reward detained after the raid managed to post bail of P40,000 each.
Geomides Hinay, who introduced himself as the spokesperson of the company, assured this.
Hinay also said they would file a “motion to quash the search warrantâ€, questioning the inclusion of RA 9165 [the Comprehensive Dangerous Drugs Act of 2002] as one of the laws allegedly violated as stated in the search warrant.
This is amid Gierran’s explanation that it was just a typographical error and that they only intended to implement a search warrant related to an alleged violation of RA 8799 or The Securities Regulations Code.
Hinay also added that the NBI team should have been accompanied by a team from the Securities and Exchange Commission during the raid.
Hinay also said Klikmart Reward had applied with SEC, a business on “wholesalingâ€.
In fact, they are supplying and selling grocery items to the members.
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