G.R. No. 236419 - UNION BANK PHILIPPINES OF THE PHILIPPINES, VS. SY LIAN TENG, EMERENCIANA SYLIANTENG, ROBERTO SYLIANTENG, LORRAINE SYLIANTENG, CESAR SYLIANTENG, CLARITA TANG, ROBERTO TANG,* MARGARET TANG, PATRICK TANG, FREDERICK TANG, GLORIA LIM, ALBERT TANG, AND HELEN TANG.D E C I S I O N - Suprem

Ruling

WHEREFORE, judgment is hereby rendered in favor of the plaintiffs and against defendants Union Bank of the Philippines and Raymond Buñag, ordering them, jointly and severally, to pay: 1. Plaintiffs Sylianteng the sum of Eight Million Five Hundred Fifty Nine Thousand Two Hundred Four Pesos and 34/100 (P8,559,204.34) with interest of 10.9375% per annum, compounded annually, effective upon the filing of the complaint on December 22, 2000 until fully paid, and the sum of Twenty Three Thousand and Four Dollar[s] and Four Cents (US$23,004.04) with interest of 6.875% per annum effective on December 22, 2000, compounded yearly, until fully paid. 2. Plaintiffs Tang the sum of Eleven Million One Hundred Twenty Five Thousand Six Hundred Thirty Eighth and Forty Five Centavos (P11,125,638.45) representing the placements under Certificates of Participation and Savings Deposits, with interest at the rate of 10.625% per annum, compounded annually, effective December 22, 2000 until fully paid; and the sum of One Million Twenty One Thousand Five Hundred Eighteen and Forty Four Centavos (P1,021,518.44) with interest of 10.9375% per annum, compounded annually effective December 22, 2000 until fully paid. 3. Plaintiffs Sylianteng and Tang [the] sum of Five Hundred Thousand Pesos (P500,000.00) as moral damages; Three Hundred Thousand Pesos (P300,000.00) as exemplary damages and Two Hundred Thousand pesos (P200,000.00) as attorney's fees. SO ORDERED.