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04 May

Eraño’s other son Angel and his wife Tenny could not do anything about it because Eduardo had already assumed the post of executive minister. Only one of the 12 members survived the Sanggunian shake-up: Glicerio Santos Jr. (Ka Erdy entrusted him to Ka Eduardo.) The elder Eraño had advised his son Eduardo to always listen to the good counsel of Santos, who was also known as “Kidlat” because he was “quick to act” and was able to deliver on difficult tasks assigned to him.“If there’s an impossible task, give it to Santos,” the INC member who has contacts with church higher-ups said.“Pera ng Diyos (money of God),” as he called it, was not meant for him.Not long after Eraño’s death, the Iglesia’s Sanggunian or Council under the new executive minister Eduardo underwent a purge.The complete passage, starting with John , reads as follows: “And Jesus walked in the temple in Solomon’s porch.Then came the Jews round about him, and said unto him, How long dost thou make us to doubt? Jesus answered them, I told you, and ye believed not: the works that I do in my Father’s name, they bear witness of me. Just as no one shall pluck them out of Jesus’ hand, so too shall no one pluck them out of God’s hand.MANILA, Philippines – Who is Glicerio Santos Jr and what is his role in the current feud that’s wracking the Iglesia ni Cristo (INC)?

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This was supposedly part of a power play and struggle that saw several old INC officials being kicked out after the death of the former executive minister, Eraño “Ka Erdy” Manalo.

Maligaya Development Corporation posted a net income of P1,482,5.

New Era last submitted a financial statement in 2008, when it declared a fund balance of P172,786,318.

We have verified at least 8 entities where members of the Santos family have a presence.

Latest 2013 financial statements submitted to the SEC showed that the FYM Foundation declared P128,273,658 in fund balances, while its sister company, the Subic Bay-FYM Foundation reported P1,011,763 for the same period.