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Warrants out for arrest of Globe Asiatique execs 05/24/2012

Thursday, May 24, 2012

Warrants out for arrest of Globe Asiatique execs

05/24/2012
Warrants of arrest have been issued against Globe Asiatique (GA) owner Delfin Lee and his co-accused after a judge found probable cause for the syndicated estafa case filed against them, Vice President Jejomar Binay said yesterday.

Binay, the chairman of the Housing and Urban Development Coordinating Council, said Judge Amifaith Fider-Reyes of the Regional Trial Court Branch 42 in San Fernando, Pampanga, issued the warrants of arrest Tuesday with no recommendation for bail.

“Globe Asiatique defrauded the ordinary workers who are contributors of Pag-IBIG Fund. The company defrauded hardworking citizens of Pampanga by selling property they have purchased legitimately to other buyers, a practice known as double selling. The issuance of the warrants of arrest against Delfin Lee and his co-accused just shows that the law is on the side of the ordinary workers duped by Globe Asiatique,” he said..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/nation/20120524nat1.html

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