SC affirms stand not to hold debate on Delfin Lee case-A A +A
Monday, June 23, 2014
THE Supreme Court (SC) has maintained its decision not to set the syndicated estafa cases against real estate developer Delfin Lee for an oral argument.
In a two-page resolution dated June 3, the Court junked Lee's motion for reconsideration to the April 22 ruling for lack of merit.
Lee had said the oral argument will be a venue for the public to be enlightened on the case.
His company, Globe Asiatique, allegedly used fake documents and ghost borrowers who supposedly bought homes in its Xevera housing project in Mabalacat, Pampanga, to siphon P6.65 billion in loans from the Home Mutual Development Fund (Pag-Ibig Fund) in 2009.
Lee was arrested on March 6 by the Philippine National Police's Task Force Tugis, which was formed to capture the country's top five high-profile fugitives that include him, Jovito Palparan, Ruben Ecleo Jr., and brothers Joel Reyes and Mario Reyes.
Lee, who has since denied the charges, is currently detained at the Pampanga provincial jail. (Sunnex)