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JurisprudenceG.R. No. 146918 -

G.R. No. 146918 - CITIBANK, N.A., PRESENT: VS. SPOUSES LUIS AND CARMELITA CABAMONGAN AND THEIR SONS LUIS CABAMONGAN, JR. AND LITO CABAMONGAN.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 245,253RA 51,RA 360,RA 309,RA 559,RA 522,RA 212,RA 78RA 446,RA 653,RA 270,RA 15,RA 233,RA 88,RA 264,RA 8791,
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TL;DR — Ruling

WHEREFORE, premises considered, defendant Citibank, N.A., is hereby ordered to pay the plaintiffs the following: 1) the principal amount of their Foreign Currency Deposit (Reference No. 6022214372) amounting to $55,216.

Decision

Ruling

WHEREFORE, premises considered, defendant Citibank, N.A., is hereby ordered to pay the plaintiffs the following: 1) the principal amount of their Foreign Currency Deposit (Reference No. 6022214372) amounting to $55,216.69 or its Phil. Currency equivalent plus interests from August 16, 1993 until fully paid; 2) Moral damages of P50,000.00; 3) Attorney's fees of P50,000.00; and 4) Cost of suit. SO ORDERED.

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