Serious Charges against Foreign Department Chief Manila' Jan. 31.
Mr. Isidore Lerma, former chief of the Foreign Department of the Philippine National Bank, has been sentenced to 14 years and 4 months' imprisonment and to indemnify the Bank to the amount of 79,098 pesos. The Supreme Court to-day decided on three cases appealed to it from the lower tribunal.
Mr. Lerma was charged with defrauding the Bank of 37,573 pesos through manipulation of Germar marks, defrauding the Bank of 38,289 pesos through falsification of documents, and embezzling 14 233 pesos.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.