Manila, June 16 -- The Presidential Anti-Organized Crime Commission (PAOCC) on Monday said the government has formally launched a major campaign to take on the growing number of complaints against abusive online lending applications (OLAs).

In a statement, PAOCC said it would be coordinating with the Philippine National Police - Criminal Investigation and Detection Group (PNP- CIDG), the Securities and Exchange Commission (SEC) and the National Telecommunications Commission (NTC), as part of the directives of President Ferdinand R. Marcos Jr. to prioritize complaints against OLAs so that victims can achieve justice and avail of necessary legal remedies.

PAOCC Executive Director Undersecretary Gilbert Cruz noted that OLA operators are ca...