DETAINED realtor Delfin Lee will now have a chance to spill the beans before the Senate on a controversial P6.6-billion loan that his Globe Asiatique Realty had obtained from the government’s Home Development Mutual Fund (HDMF) or Pag-IBIG Fund.
Lee’s opportunity came after a local court complied with a Supreme Court (SC) order allowing him to appear before senators to shed light on the HDMF loan and other transactions of his company.
In an order of the San Fernando (Pampanga) Regional Trial Court (RTC), dated September 8, 2014, and regarding Criminal Case No. 18480, Judge Maria Amifaith Fider-Reyes of Branch 42 granted a plea to allow Lee to appear before the Senate.
The lower court based its order on “the informal advice of [Honorable] Midas P. Marquez, Court Administrator, given on September 4, 2014, [and]resolves to grant the request of the said [Senate] committee.”
The SC and the RTC had acted on a request made by the Senate Committee on Accountability of Public Officers and Investigations for a hearing last June 3.
Initially, Fider refused to allow Lee to attend the Senate hearings presided by the committee chairman, Sen. Joseph Victor “ JV” Ejercito, since the request must be forwarded to the High Court through the Office of the Court Administrator.
Lee had informed the High Court of his willingness to attend the hearings and disclose all in connection with Globe Asiatique-HDMF issue.
“We would like to reiterate at this point our personal concern that we be given the chance to present an honest, fair, truthful and factual narration or account of the events that eventually led to our [client’s] persecution, illegal arrest and unlawful detention. Rest assured of our sincere desire to assist the committee in your quest to ferret out the truth in this controversy.” Lee’s lawyer Rony Garay said.
“The truth of the matter is, and as admitted by the CEO of HDMF in the person of [lawyer]Darlene Berberabe during [a hearing]on this issue, the alleged [P6.6 billion] is an end-users loan, meaning it comprises the housing loans of the HDMF or Pag-IBIG Fund’s member-borrowers who bought houses and lots from the Xevera Township Projects of Globe Asiatique,” Garay added.
Earlier this year, the SC ordered the Pasig City RTC to continue with proceedings against Globe Asiatique and another company in connection with a loan worth more than P1 billion from the Philippine National Bank (PNB).
In a ruling penned by Associate Justice Martin Villarama, it granted a petition filed by Aida Padilla as it directed the lower court to proceed with presentation of evidence in support of Padilla’s compulsory counterclaim.
From 2005 to 2008, PNB entered into several Contracts to Sell (CTS) Facility Agreements with Globe Asiatique Realty Holdings Corp. and Filmal Realty Corp. represented by Delfin Lee and Dexter Lee, president and vice president, respectively, of the two corporations.
It agreed to make available to Globe Asiatique and Filmal CTS Facility in the amount not exceeding P200 million to finance purchase of certain accounts receivables or the in-house installment receivables of respondents arising from sale of subdivision houses in their real estate/housing projects as evidenced by the CTS.