G.R. No. 175587. September 21, 2007.
FACTS
Alejandro, a Hong Kong resident, executed a promissory note in favor of PCIB for the amount of P249,828,588.90. PCIB filed a complaint for sum of money with prayer for the issuance of a writ of preliminary attachment due to the alleged withdrawal of unassigned deposits. The trial court granted the application and the bank deposits of respondent with RCBC were garnished. Alejandro, through counsel, filed a manifestation informing the court that he is voluntarily submitting to its jurisdiction. He also filed a motion to quash the writ contending that the withdrawal of his unassigned deposits was approved by the PCIB. He also alleged that petitioner knew that he maintains a permanent residence in Quezon City and an office address in Makati City. He posits that there was a regular communication with PCIB since he frequently travels back to the Philippines. Alejandro also filed a claim for damages in the amount of P25 Million on account of the wrongful garnishment of his deposits.