Pag-IBIG CEO hits non-arrest of Delfin Lee

by Danny Buenafe, ABS-CBN Europe News Bureau chief

Posted at Jun 14 2012 08:00 PM | Updated as of Jun 15 2012 04:00 AM

LONDON – The head of the Home Development Mutual Fund or Pag-IBIG cannot understand why real estate developer Delfin Lee is allowed to move around in public places despite an arrest warrant issued by the Pampanga Regional Trial Court almost a month ago.

Atty. Darlen Berberabe, the chief executive officer and president of Home Development Mutual Fund or Pag-IBIG, was recently in Europe actively participating in Philippine Independence Fiesta celebrations in London, Rome and Milan.

“Meron din mga report na nakakarating sa amin na nakikita si Delfin Lee saka yung ibang akusado na medyo public place naman. So kami ay nagtataka rin and we are hoping sana sa lalong madaling panahon ay mahuli na,” Berberabe said.

While in London, Berberabe could not hide her dismay for what she described as lack of political will by certain agencies to implement the arrest order, defying repeated appeals from no less than Vice President Jejomar Binay.

Lee and his group allegedly conspired in the irregular use of P6-billion worth of housing loans obtained by unqualified Pag-IBIG fund members between 2008 and 2010.

They were referred to as ghost borrowers, many of whom bought homes in Globe Asiatique's Xevera housing projects in Bacolor and Mabalacat towns in Pampanga.

There are more than 200 complainants who filed the case against Lee, and some of them are overseas Filipino workers who met personally with Berberabe in London.

PAG-IBIG is also helping two other private banks secure their collaterals as these were also victims of Lee and his group.

“No bail yun. Once maaresto yun, kulong na yun,” she said.

Ex-Pag-IBIG chief being probed

Meanwhile, the Ombudsman is conducting a parallel investigation on Marikina Representative Miro Quimbo, who was Pag-IBIG president at the time of the Globe Asiatique loan takeouts.

Quimbo served as one of the spokespersons for the House prosecution panel during the 5-month impeachment trial of ousted chief justice Renato Corona.

Earlier dismissed from Pag-IBIG was Bong Garcia, Pampanga branch manager, while former Vice President for Housing, Rafael Albano, resigned long before the controversy arose. -- ANC’s The Bureau