VP instituting housing reforms – Salgado


THE Home Development Mutual Fund (Pag-IBIG Fund) under the chairmanship of Vice President Jejomar Binay has been instituting reforms to prevent a repeat of the Globe Asiatique (GA) housing scam, according to Joey Salgado, the Vice President’s spokesperson.

Salgado issued the statement on Monday in reaction to the claim of Sen. Antonio Trillanes 4th that Binay is being investigated by “concerned government agencies” over an alleged anomaly involving Pag-IBIG funds.

He said reforms are being undertaken to make sure that there will not be a repeat of the GA housing scam wherein Delfin Lee allegedly swindled P6.6 billion from Pag-IBIG members.

Besides these reforms, Salgado added, services in the Pag-IBIG have improved, benefits have been expanded and the fund grew under the leadership of the Vice President.

“The problem with Senator Trillanes is that he always resorts to character assassination. Since he has admitted casting a moist eye on the presidency, Trillanes should show what he has done concretely to help our people and explain where and how he spent his millions in PDAF (Priority Development Assistance Fund) and DAP (Disbursement Acceleration Program) funds,” Salgado said in a text message.

Trillanes claimed that a separate inquiry is being conducted by another investigating body of the government about the supposedly irregular transactions entered into by Binay as chairman of the Housing and Urban Development Coordinating Council.

But the senator said the recent discovery will not be included in the agenda of the Senate blue ribbon sub-committee investigating various anomalies in Makati City.

“We will not consciously include it on our agenda, but we will also not preclude it,” Trillanes told Senate reporters.

He refused to reveal which government body is conducting the investigation.

Apart from Binay, Trillanes said that Darlene Marie Berberabe, Pag-Ibig fund president and chief executive officer may also be aware of the irregularity.

With Jefferson Antiporda


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