SC rejects with finality Delfin Lee's petition

Posted at 06/23/2014 4:29 PM | Updated as of 06/23/2014 6:56 PM

MANILA - The Supreme Court (SC) has turned down with finality the plea of detained Globe Asiatique (GA) founder and president Delfin Lee to hold oral arguments on his petition which aims to have the syndicated estafa charges against him junked.

The charges are in connection with billions in alleged anomalous loans obtained by "ghost borrowers" of GA's Xevera Housing Project in Mabalacat, Pampanga.

In a two-page resolution, dated June 3, the high court ruled that there was no merit in Lee's plea for oral arguments, and upheld its earlier ruling, dated April 22, denying the same.

"The court resolved to deny with finality [Lee's] motion for reconsideration, dated May 12, 2014..." the resolution read.

Lee argued that the petitions of PAG-IBIG and the Department of Justice (DOJ) did not have merit, and the SC should affirm a Court of Appeals (CA) ruling, dated Nov 7, 2013, which junked the charges against him.