A bank depositor and retired employee of a multi-national pharmaceutical firm
has filed a complaint for damages to the tune of P31.76 million against a giant
bank before the Regional Trial Court (RTC) in Bacolod City.
PP31.76-M DAMAGES VS. BPI. Joe Marie L. Sy (right) with his lawyer Roland G.
Ravina, (left) at Business Inn Hotel yesterday during which complainant Sy bared
his legal action against Bank of the Philippine Islands (BPI). Sy alleged that
his bank deposits were fraudulently withdrawn, his ATM account mysteriously
emptied, among others.*(Jun de los Reyes / NDB photo)
Docketed as Civil Case No. 14-14339, Bacolodnon Joe Marie L. Sy filed the
complaint against Bank of the Philippine islands (BPI), specifically BPI’s
branch in Pasong Tamo.
In his complaint, Sy claimed his bank deposits "were fraudulently withdrawn
and to cover up the fraud, bank records and checks under his name (were)
The suit includes P21,755, 525.84 in actual damages, P10 million in moral and
exemplary damages or a total of P31,755,525.84."
Sy said "audit is still on-going and the amount could increase to a range
between P40 million to P60 million."
Sy was a former employee of Roche Philippines which he served for 24 years
until his retirement in December, 2008.
During his employment at Roche, his salaries, bonuses and allowances were
deposited by his employer through a payroll bank account... initially at
BPI-Bacolod, and later at Pasong Tamo branch.
He then had five bank accounts with BPI-Pasong Tamo - three savings accounts,
a current account and a dollar account.
Due to substantial amounts of cash he deposited with BPI and the volume of
his transactions, he also qualified as a Gold Card member and was issued another
special card called "Privileges", entiling him to a lot of perks and benefits.