Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy Moti on Thursday said that despite the legal setback they will pursue the case to hold businessman Delfin Lee responsible for the P6.6 billion Globe Asiatique scam.
On 31 July, the Supreme Court (SC) downgraded the syndicated estafa case against Lee to only simple estafa, making Lee eligible for bail.
Moti said they are saddened by the SC decision but they continue to trust in due process and in the integrity of the justice system.
“This recent decision of the Supreme Court does not mean that he is innocent of fraud. The trial will continue. We will continue to pursue what is in the best interest of the Fund, our members and all the home owners and borrowers affected by Lee’s actions,” Moti said in a statement.
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