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UNIVERSITY OF EAST v. NLRC

This case has been cited 1 times or more.

2005-10-25
TINGA, J.
There is jurisprudential support, as noted by the Court of Appeals in citing University of the East v. NLRC[18] that lack of material or pecuniary damages would not in any way mitigate a person's liability nor obliterate the loss of trust and confidence. In the case of Etcuban v. Sulpicio Lines,[19] this Court definitively ruled that:. . . Whether or not the respondent bank was financially prejudiced is immaterial. Also, what matters is not the amount involved, be it paltry or gargantuan; rather the fraudulent scheme in which the petitioner was involved, which constitutes a clear betrayal of trust and confidence. . . .