People v Vera Case Digest

THE PEOPLE OF THE PHILIPPINE ISLANDS and the HONG KONG & SHANGHAI BANKING CORPORATION (HSBC) v. JOSE VERA J!d"e ad interim #$ the C#!%t #$ F&%'t In'tan(e #$ )an&*a and )ARIANO C+ +NJIENG (,- Ph&* -,)N#ve./e% 0, 0123FACTS45 The (%&.&na* (a'e Pe#6*e v. C! +n7&en"8a' 9*ed &n the C#!%t #$ F&%'t In'tan(e (CFI) &n )an&*a 8&th HSBC &nte%ven&n" &n the (a'e a' 6%&vate 6%#'e(!t#%.5 The CFI %ende%ed a 7!d".ent #$ (#nv&(tn 'enten(&n" C! +n7&en" t# an &ndete%.&nate 6ena*t: %an"&n" $%#. $#!% :ea%' and t8# .#nth' #$ prision correccional t# e&"ht :ea%' #$ prison mayor. (Jan. ; 012%.ed the 7!d".ent' &n a** #the% %e'6e(t'.5 C! +n7&en" 9*ed a )#tn $#% Re(#n'&de%atn and $#!% '!((e''&ve .#tn' $#% ne8 t%&a* 8h&(h 8e%e a** den&ed #n De(e./e% 03 012-. F&na* 7!d".ent 8a' ente%ed #n De(. 0; 012-. He 9*ed $#% (e%t%a%& t# the S!6%e.e C#!%t /!t "#t den&ed #n N#v 012,. The SC '!/'e?!ent*: den&ed C! +n7&en"@' 6et&tn $#% *eave t# 9*e a 'e(#nd a*te%nat&ve .#tn $#% %e(#n'&de%atn #% ne8 t%&a* then %e.anded the (a'e t# the (#!%t #$ #%&"&n $#% e=e(!tn #$ 7!d".ent.5 C! +n7&en" 9*ed an a66*&(atn $#% 6%#/atn /e$#%e the t%&a* (#!%t !nde% the 6%#v&'n' #$ A(t