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Lee's arrest legal, says government lawyer.

The lead council of the Home Development Mutual Fund (HDMF) or Pag-IBIG insisted on Friday that the arrest warrant issued against businessman Delfin Lee is valid.

Lawyer Sandra Coronel in a TV interview said Lee's arrest on Thursday evening at a 5-star hotel is based on the warrant issued by the Pampanga Regional Trial court.

Lee, president of Globe Asiatique, is facing a syndicated estafa case along with his other staff in connection with two housing projects in Pampanga province where they allegedly used "ghost borrowers" to accumulate P6.6 billion worth of housing loans from Pag-IBIG, a government shelter financing agency.

The Court of Appeals in November 2013 absolved Lee and dismissed the case filed against him by the Department of Justice in 2009. However, Coronel explained that the Supreme Court (SC) issued a Temporary Restraining Order (TRO) in December 2013 which keeps the arrest warrant valid. The Pag-IBIG has filed another case against Lee before the SC, she said.

Lee, who has a P2-million peso bounty on his head after he went hiding in 2012, was arrested at Hyatt Regency Hotel and Casino in Ermita, Manila on Thursday evening, the Philippine National Police said. His camp denies any court decision that nullified the order of CA to absolved him from the case. (Ron B. Lopez)


Mugshot of businessman Delfin Lee. (PNP Photo)

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Title Annotation:Metro
Publication:Manila Bulletin
Date:Mar 7, 2014
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