G.R. No. 133028 - PEOPLE OF THE PHILIPPINES, VS. MEYNARD PANGANIBAN, ACCUSED-. D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, and in consideration of all the foregoing, the Court finds the accused Meynard Panganiban guilty beyond reasonable doubt of the crime of Estafa, punishable under Article 315, par. 2(d) of the Revised Penal Code, as amended by Presidential Decree No. 818 and hereby sentences him to suffer the penalty of reclusion perpetua , and to pay the private complainant, by way of civil liability, the sum of P2,757,935.86 plus legal interest thereon from January 21, 1994, until the same is fully paid (after deducting payments made by the accused in the amount of P267,064.14 and the value of the truck in the amount of P400,000.00) plus costs. It is so ordered.