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VP Binay tells Pag-IBIG: Certify ownership of Globe Asiatique properties

Saturday, July 21, 2012

VP Binay tells Pag-IBIG: Certify ownership of Globe Asiatique properties

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  • Saturday, 21 July 2012

Vice President Jejomar Binay has ordered the Home Development Mutual Fund (HDMF or Pag-IBIG) to issue certificates validating that the properties being claimed by Globe Asiatique (GA) are now the properties of Pag-IBIG.

Binay issued the order upon learning that some 200 condominium unit owners of the GA 2 Tower in Mandaluyong City received notices of cancellation of their contract and were being evicted.

“I have asked Pag-IBIG to issue a certification to the victims upon validation that the properties being claimed by GA are, in fact, now owned by Pag-IBIG. I have also directed Pag-IBIG to assert its ownership over those properties,” Binay said.

The Vice President, chairman of the Housing and Development Coordinating Council (HUDCC) and chairman of the Pag-IBIG Board of Trustees, said the victims can use that certification in their defense against GA’s move of evictions.

“We are now working out an agreement with the individual victims and I assure them that they will not lose their homes if they deal with Pag-IBIG,” he added..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/index.php/metro-section/item/1803-vp-binay-tells-pag-ibig-certify-ownership-of-globe-asiatique-properties

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