China Bank v. CA, Gotianuy Digest
China Bank v. CA, Gotianuy Digest G.R. No. 140687 December 18, 2006 Ponente: Phil. SC Justice Chico-Nazario Facts: 1. The case stems from a complaint for a recovery of sums of money and annulment of sales ofreal property and shares of stocks filed by Jose Gotianuy against his son-in-law George Dee and his daughter Mary Margaret Dee. 2. Gotianuy accused his daughter of stealing his properties, US Dollar deposits with Citybank amounting to P35M and $864,000. Margaret Dee obtained these amounts through check issued by Citybank naming her as a co-payee of Gotianuy. She allegedly deposited the checks with petitioner bank. Gotianuy died during the pendency of the case and was substituted by his daughter Elizabeth. 3. Subsequently, employees of China Bank were sent subpoena to testify re:bank deposits of Margaret Dee but petitioner invoked RA 1405 (Bank Secrecy Law). The lower court held that the disclosure of the name only of a depositor does not constitute a viol...