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VP Binay lauds 2M bounty for GA owner Delfin Lee

By OVP Media
August 16, 2012

MANILA  –  Vice President Jejomar C. Binay is optimistic that the P2 million bounty on Globe Asiatique (GA) owner Delfin Lee will lead to his arrest and the subsequent justice for all his victims.

“Nagagalak ako sa sinabi ng ating mahal na pangulong Noynoy Aquino. Nakita nya na kailangang mabigyan ng agarang hustisya ang mga nabiktima ni Delfin Lee,” Binay said after learning that President Benigno Aquino III placed bounties on four wanted fugitives, one of whom is Lee.

Binay also said that the housing sector fully supports the president’s campaign and the bounty just shows how serious the government is in going after wanted fugitives.

“Ordinaryong manggagawa ang nilinlang niya at sinira ng Globe Asiatique scam ang pangarap nilang magkaroon ng sariling bahay,” Binay said.

“Niloko pa ng Globe Asiatique ang gobyerno sa pamamagitan ng paggamit ng ghost borrowers at pekeng dokumento para makakuha ng pitong bilyon sa Pag-IBIG,” he added.

Binay had earlier proposed that the Pag-IBIG Fund put up a P1 million reward money for Lee. He said, “It’s more than a reasonable amount considering that Lee defrauded Pag-IBIG Fund and its members of over P7 billion.”

However, the Commission on Audit turned down the request saying the Pag-IBIG Fund had no intelligence or discretionary funds from which it could take the proposed bounty.

After being turned down, the Pag-IBIG Fund wrote President Aquino and asked that the Palace offer the reward money.

On May 22, Judge Maria Amifaith Fider-Reyes of the Pampanga RTC found probable cause against Lee and his co-accused and issued corresponding warrants for their arrest with no recommendation for bail.

Lee is accused of using "ghost borrowers" and fake documents to obtain over P6.5 billion in loans from the Home Development Mutual Fund (Pag-IBIG) for its Xevera housing project.