Judge issues hold order on Delfin Lee
By Tonette Orejas
Fugitive housing developer Delfin Lee and four coaccused cannot leave the country on orders of the judge hearing the case of syndicated estafa against them.
Fugitive housing developer Delfin Lee and four coaccused cannot leave the country on orders of the judge hearing the case of syndicated estafa against them.
Lawyers of Globe Asiatique owner Delfin Lee urged complainants to turn the tables on the Home Development Mutual Fund (HDMF), or the Pag-Ibig Fund, by offering them a continuous stay in their condominium units at GA Tower 2 on Edsa in Mandaluyong City, documents obtained by the Inquirer showed.
The Commission on Audit has turned down the Home Development Mutual Fund”s request for permission to put up a P1-million reward for the capture of businessman Delfin Lee, owner of the controversial housing firm Globe Asiatique Realty Holdings Corp. and now a fugitive from justice.
Stressed out? Depressed, maybe? Why not take a loan with the Pag-IBIG Fund and get away from it all?
Members of the Government Service Insurance System can now avail themselves of housing loans through the Home Development Mutual Fund, or Pag-IBIG Fund.
The state-owned Home Development Mutual Fund or the Pag-IBIG is working with housing developers to ease constraints on house financing without sacrificing prudential remedial measures introduced in the aftermath of the Globe Asiatique (GA) controversy.
