THE Court of Appeals (CA) has quashed an arrest warrant issued by a Pampanga court against Globe Asiatique (GA) corporate officer Dexter Lee in connection with housing loans of supposed members of the Home Development Mutual Fund (HDMF), also known as Pag-IBIG Fund, through the use of fictitious buyers.

In a 21-page decision penned by Associate Justice Ramon Paul Hernando and concurred in by Associate Justices Jose Reyes Jr. and Stephen Cruz, the CA’s Fifth Division partly granted Lee’s petition as it annulled and set aside resolutions dated May 22, 2012 and August 22, 2012 of Branch 42 of the Regional Trial Court (RTC) of Pampanga.

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