Ponente: PERALTA, J.
Decision Date: 2016-12-07
GR Number: G.R. No. 208672
Digest Team
4 months ago
Avg. Rating:
Summary:
This case involves a petition for review on certiorari filed by the Philippine National Bank (PNB) seeking to reverse the decision of the Court of Appeals (CA) which denied PNB's appeal from the civil aspect of the Regional Trial Court's (RTC) decision acquitting Pablo V. Raymundo of the charge of violation of Section 3(e) of Republic Act No. 3019, also known as the Anti-Graft and Corrupt Practices Act. The CA ruled that Raymundo acted in good faith and did not commit any negligence in approving the payment of checks drawn against an uncleared foreign check. The Supreme Court, however, reversed the CA's decision and held that Raymundo's gross negligence caused undue injury to PNB.
Doctrine:
Banks are required to exercise extraordinary diligence in handling their transactions and are expected to exercise the highest degree of diligence in the selection and supervision of their employees. Gross negligence, which is characterized by the want of even slight care, can be attributed to a bank that disregards its own banking policy and risks its trust and confidence on the assurance of its clients.
Facts:
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Issues Ratio:
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Dispositive:
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Donec enim diam vulputate ut pharetra sit amet aliquam id. Gravida rutrum quisque non tellus. Donec ultrices tincidunt arcu non. Ut aliquam purus sit amet. Pulvinar neque laoreet suspendisse interdum consectetur. Non enim praesent elementum facilisis leo vel fringilla est ullamcorper. Interdum varius sit amet mattis vulputate enim. Sagittis vitae et leo duis ut. Commodo quis imperdiet massa tincidunt nunc pulvinar sapien. Erat imperdiet sed euismod nisi porta. Nulla facilisi nullam vehicula ipsum a arcu cursus vitae. Amet aliquam id diam maecenas ultricies mi eget. Sit amet nulla facilisi morbi tempus iaculis urna id volutpat. Volutpat consequat mauris nunc congue nisi vitae. Sagittis eu volutpat odio facilisis mauris. A arcu cursus vitae congue mauris rhoncus. Amet purus gravida quis blandit. Faucibus vitae aliquet nec ullamcorper sit amet. Sed egestas egestas fringilla phasellus faucibus scelerisque eleifend donec pretium.
Other Notes:
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
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