Court junks estafa case over P 6-B Globe Asiatique ‘scam’

A Pampanga court has dismissed an estafa case against Globe Asiatique founder Delfin Lee and four others in an alleged P6.6-billion housing scam, where they were accused of using “ghost borrowers” to secure loans from the Home Development Mutual Fund, also known as the Pag-Ibig fund. In a decision promulgated by the San Fernando, Pampanga