COA disapproves Pag-ibig Fund’s offer of P1M bounty for Delfin Lee:
MANILA, Philippines—The Commission on Audit has turned down the Home Development Mutual Fund"s request for permission to put up a P1-million reward for the capture of businessman Delfin Lee, owner of the controversial housing firm Globe Asiatique Realty Holdings Corp. and now a fugitive from justice.
The COA said the Home Development Mutual Fund, also known as Pag-ibig Fund, had no intelligence or discretionalry funds from which it could take the proposed bounty, Joey Salgado, Vice President Jejomar Binay's spokesman, said Thursday. Binay is chairman of the Pag-ibig Fund board.
Pag-ibig Fund will now ask Malacañang to release the bounty from President Aquino's intelligence fun...
Keep on reading: COA disapproves Pag-ibig Fund’s offer of P1M bounty for Delfin Lee
The COA said the Home Development Mutual Fund, also known as Pag-ibig Fund, had no intelligence or discretionalry funds from which it could take the proposed bounty, Joey Salgado, Vice President Jejomar Binay's spokesman, said Thursday. Binay is chairman of the Pag-ibig Fund board.
Pag-ibig Fund will now ask Malacañang to release the bounty from President Aquino's intelligence fun...
Keep on reading: COA disapproves Pag-ibig Fund’s offer of P1M bounty for Delfin Lee
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