The Senate and the House of Representatives conducted investigations to probe the legality of BALIKATAN. The hearings were, unfortunately, abruptly terminated without resolution.
52,289 victims of land grabbing nationwide amounting to more than P13 billion by the syndicate:
1. Federico Y. Cadiz, Jr. - President, DB Blobal Opportunities, alias Balikatan or BFS
Head Office: 24th Floor, BPI Buendia Center
Sen. Gil Puyat Ave., Makati City
Satellite : 418 4/F D&I Bldg., EDSA
086 Caloocan City, Metro Manila
Original loans were with the National Home Mortgage and Finance Corp (NHMFC), a government owned and controlled corporation (GOCC).
2. Joseph Peter Sison - former NHMFC President & the then concurrent BHFI Director. Disposition Strategy was cooked up by NHMFC with the blessings of:
3.Former President Gloria Arroyo
4. Former Vice President and HUDCC head, Noli de Castro
5. Former NEDA Director- General Augusto Santos
My property, with TCT No. -599677- was foreclosed and sold to the highest bidder, BALIKATAN, on July 22, 2010 without my knowledge.
6. The Sheriff, RTC-Antipolo
7. Taytay Municipal Treasurer Marilyn P. Pasay
8. Taytay Municipal Assessor Concepcion R. Viray
9. Federico M. Cas - Registrar, Register of Deeds of Rizal Province
10. Atty. Hilarion Cerna Mogello, Jr. - Deputy Register of Deeds-Binangonan
Note: Atty. Jun Mogello should be charged administratively for refusing to register subject TCT No -599677- and TCT No. -595161- in violation under Section 70 of Presidential Decree (PD) 1529 (Adverse Claim) with the Register of Deeds-Binangonan.
Sources:
1. Pls google search Federico Cadiz, Jr. and click: The million peso low-cost house, by Yoly Villanueva-Ong (The Phil Star) Oct 2, 2012.
2. Foreclosure of low-cost haousing units, probe posted by House Committee on Housing and Urban Development, 11 June 2008.
ANA: "Hindi ba parang kahawig ng syndicated estafa case ni Delfin Lee ang kasong pinaiimbistigahan ngayon ni Sir Leo sa NBI?"
LISA: "Hindi lang kahawig, kundi pareho ang modus-operandi 'tsaka mas malaking hamak ang involved na halaga ng kuartang nadugas, more than P13 billion! Biruin mo 'yon?"
CION: "Marubdob ang ginagawang pagtulong sa imbestigasyon ni Sir Leo porke siya mismo ang nangangalap ng documentary evidence mula sa records ng Congress, LRA, RD at sa Local Gov't 'tsaka isinusumite nito sa NBI, 'lamoyon?"
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