Government agency Home Development Mutual Fund (Pag-IBIG) announced over the weekend its willingness to help victims of the Globe Asiatique double-sale scam in Xevera Subdivision in Pampanga.
In a press statement, Pag-IBIG said it has recently received reports that certain Xevera homeowners are urging the agency to accept payments for their housing loans.
Upon receiving such reports, Pag-IBIG President and Chief Executive Officer Darlene Marie Berberabe said both the agency and the double-sale homeowners are victims of the scam.
“We are both victims of GA here,” said Berberabe. “It is regrettable that the homeowners got caught in the middle of the lengthy court proceedings. We encourage the homeowners to work with us so that we could sort out each case, to find a mutually acceptable resolution to each.”
In 2010, two years after Pag-IBIG entered into a funding agreement with property developer Globe Asiatique, the agency discovered irregularities in the accounts of the project.
Pag-IBIG then accused Globe Asiatique owner Delfin Lee of syndicated estafa for endorsing fake housing loan accounts to the agency worth at least P6 billion. Lee has since been arrested and detained at the Pampanga provincial jail while facing trial for syndicated estafa in the Regional Trial Court of San Fernando town.
Meanwhile, Xevera homeowners complained the non-acceptance of their housing loan payments by Pag-IBIG.
Berberabe countered this by saying that the agency could not accept these payments, since these double-sale victims are not Pag-IBIG housing loan borrowers. She clarified that they are “the second buyers of properties which GA sold to different buyers.”
However, she assured the victims that they would not be dispossessed of their properties until the cases against Delfin Lee and Globe Asiatique are resolved.
Berberabe also urged the concerned second buyers to file their own estafa cases against Lee, to make Globe Asiatique accountable for the illegal transactions.
Pag-IBIG said there are at least 27 such complaints for the double-sales pending before the Department of Justice, excluding those filed with the NBI.