A FORMER bank officer is facing trial for allegedly stealing close to P101 million in cash from the bank vault.
The Cebu City Prosecutors’ Office found sufficient basis to indict Kenneth Mark Migriño on charges of qualified theft.
No bail was recommended.
Migriño is the former business center head of Robinsons Bank Cebu Cybergate branch.
“He gravely abused his position, trust and confidence of the bank. The crime was committed with impunity as it involved such huge amount,” said Cebu City Assistant Prosecutor Ma. Theresa Casiño in her resolution.
The prosecutor dismissed for lack of evidence the charges filed against the sales and service supervisor, and the customer service assistant who were earlier impleaded with Migriño.
On May 27, 2014, an internal audit team discovered a shortage of funds kept at their “cash-in-vault.”
Migriño, the custodian of the cash-in-vault, stopped reporting for work on the same day, prompting bank officials to file a case against him.
The sales and service supervisor said Migriño was responsible for the loss of P100,921,329.29.
He said Migriño intimidated and threatened him, at one point showing him a gun, if he would report what the accused was doing.
The prosecutor sent a summons to Migriño, but the latter failed to answer the accusations leveled against him.
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