Vice President Jejomar C. Binay has directed housing lawyers to file a motion for reconsideration before the Court of Appeals following its ruling that dismissed the syndicated estafa case against an executive of housing developer Globe Asiatique (GA).
“We will pursue our fight for justice for the ordinary Filipino workers who have been victimized by Globe Asiatique. We are confident the CA will reconsider its decision,” said Binay, chairman of Housing and Urban Development Coordinating Council and the Board of Home Development Mutual (Pag-Ibig) Fund.
HUDCC Assistant Secretary Danilo Subido described the CA’s decision as “hollow victory” for GA, saying that the Pampanga Regional Trial Court had already issued arrest warrants for the five accused.
“That is a hollow victory because the RTC Pampanga, which has jurisdiction of the case, has already ruled that there is probable cause against all accused, including (Christina) Sagun,” Subido said.
“The court has also issued warrants of arrest and just recently denied the accused of the motion to recall warrants and quash information against all of them,” he added.
Citing lack of evidence, the appellate court’s Special 10th Division cleared GA documentation head Christina Sagun from liability in the syndicated estafa case.
Sagun, together with GA owner Delfin Lee and three others, was charged with the non-bailable offense after the realty firm was found allegedly using "ghost borrowers" and fake documents to obtain over P6.5 billion in loans from Pag-IBIG.
The government has offered a reward of P2 million for the arrest of Lee, who has gone into hiding.