G.R. No. 240458 - HILARIO P. SORIANO, VS. PEOPLE OF THE PHILIPPINES.

Ruling

WHEREFORE , judgment is hereby rendered finding the accused Hilario P. Soriano : a) [I]n Criminal Case No. 1719-M-2000, GUILTY beyond reasonable doubt for violation of Section 83, R.A. No. 337 as amended by P.D. No. 1795 (General Banking Act) and hereby sentences him to suffer imprisonment of ten years and a fine of Ph[P]200,000.00; b) In Criminal Case No. 1720-M-2000, GUILTY beyond reasonable doubt of Estafa thru Falsification of Commercial Documents and hereby sentences him to an indeterminate prison sentence ranging from ten years and one day of prision mayor as minimum, to twenty years of reclusion temporal as maximum, and to indemnify the Rural Bank of San Miguel-San Miguel Branch, its creditors and Bangko Sentral ng Pilipinas the total sum of Php14,775,000.00, with interests thereon at the rate of 12% per annum from the filing of the Informations until paid, plus costs. Further, the accessory penalties as provided by law shall be imposed upon the accused. On the other hand, the liability of accused, Rosalinda Ilagan , is extinguished in view of her death, as per Death Certificate dated 13 February 2014. SO ORDERED.