October 7, 2013 Globe Asiatique: The Court of Appeals dismissed HDMF’s Petition

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The Court of Appeals dismissed HDMF’s Petition for Certiorari in CA G.R. SP. 128262 questioning the Summary Judgment of the Makati RTC that ruled that HDMF was the one responsible for the approval of the PAG-IBIG membership and the PAG-IBIG loan applications of the alleged fictitious and ghost buyers at the Xevera projects of Globe Asiatique. These  alleged ghost and fictitious buyers are the ones being used by HDMF in filing the case for syndicated estafa against Delfin Lee and the rest of the accused in Criminal Case No. 18480. The Court of Appeals likewise declared that the Summary Judgment is now final, executory and immutable because of the erroneous appeal filed by HDMF.

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