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Pampanga borrowers ask Pag-Ibig execs to act on their loans

/ 09:38 PM October 16, 2014

MANILA, Philippines—Some 1,400 Pag-Ibig Funds home borrowers from Pampanga asked the agency’s top officials to comply with their obligations specifically on the status of their housing loans in the controversial Globe Asiatique Xevera Mabalacat and Bacolor Township housing projects.

In a letter made public Thursday, borrowers urged Pag-Ibig Fund President and CEO Darlene Berberabe to “stop complicating matters” for housing acquisitions and proceed either with the transfer of their fully paid units in their names or start servicing the residents and legitimate buyers in the two Globe Asiatique’s housing projects in Pampanga.

“It has been more than four (4) years since you started the prosecution of the officers of Globe Asiatique Realty Holding Corp. (GA), the developer of both housing communities– and throughout the entire legal and extra-legal processes, we as Legitimate member-borrowers and buyers in good faith have intently followed the entire process and legal issues involved in the alleged housing scam,” the group led by Jose Quiambao, Jr. and Rolando Santos said in a letter to Berberabe.


“As legitimate members of the Pag-Ibig’s fund we are currently burdened by the same agency that we have entrusted to provide us the benefit of owning a house we can call our own. We are deeply troubled by your continued disregard of the decisions of courts of justice,” the letter stated.

“Your agency’s approval of our housing loan application and the completed housing units including the ideal housing communities being offered to us by Globe Asiatique are more than enough guarantees that led us to acquire our dream homes in the two housing enclaves,” they added.

The homeowners said that the double sale in Xevera project has yet to be proven and they still have yet to see claimants of their homes.

“We are not ghost buyers and such allegation has never been proven especially to thousands of affected fund member borrowers,” the letter stated.

Globe Asiatique chief Delfin Lee has been slapped with a syndicated estafa case for the double sale of properties in Pampanga using ‘ghost’ borrowers from Pag-Ibig Fund.

Lee, who is currently detained in Pampanga, insisted on his innocence and filed a case against the government’s takeover of titles covering P17 million worth of property in Globe Asiatique’s Xevera Mabalacat project in Barangay (village) Tabun, Mabalacat, Pampanga.


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TAGS: Business, Globe Asiatique, News, Pag-Ibig Funds
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