OMB-C-2025-0012
critical
High-Profile
GOCC housing anomaly — PHP 5.4B in idle acquired assets and overpriced socialized housing projects under the NHA-developer agreement
Case Stage Progress
Stage 9 of 22: preliminary investigation
Case Information
Complaint IDOMB-2025-0050
Docket NumberOMB-C-2025-0012
Date Received1/10/2025
Sourcemedia triggered
Case Typegraft and corruption
Statuspreliminary investigation
Prioritycritical
Priority Score86
Completeness81%
RegionNCR
Amount Involved₱5,400,000,000
Primary Respondent
NameCEO Artemio Balmaceda, CFO Ligaya Mandalupe (Fictionalized)
PositionHHGI CEO / CFO
AgencyHermosa Holdings Group Inc. (GOCC-linked developer)
Rankgocc official
Gov't Branchgocc
ComplainantMotu Proprio — Office of the Ombudsman
Complainant Typepublic official
Allegations & Details
Nature of Complaint
GOCC housing anomaly — PHP 5.4B in idle acquired assets and overpriced socialized housing projects under the NHA-developer agreement
Alleged Acts or Omissions
Approval of socialized housing development contracts at 4x market rate, failure to complete housing units despite full payment, conversion of socialized housing lots to commercial use without NHA consent, collusion between NHA officials and developers
Date of Incident2019-01-01
Place of IncidentNHA Central Office, Quezon City
ProjectNHA Socialized Housing Development Program Phase III