Banco Filipino depositor allegedly commits suicide over closed bank’s financial woes

(SPOT.ph) Banco Filipino depositor Carmino Mangubat Jr. allegedly committed suicide yesterday and left a supposed suicide note blaming the recent closure of the bank, reports GMA News Online.

The police found Mangubat with the letter and a nine-millimeter handgun inside an abandoned house in Las Piñas, reports ABS-CBN News. The note reportedly said, "Nasira ang buhay ko dahil sa away ng BSP (Bangko Sentral ng Pilipinas) at BF. Pagod na ako, ’di makakain at ’di makatulog. Paalam at patawad po." ("The conflict between the BSP and Banco Filipino ruined my life. I’m tired; I can neither eat nor sleep. Goodbye. I’m sorry.")

Citing Mangubat’s relatives, Senior Superintendent Romulo Sapitula told radio dzBB that Mangubat had around P200,000 deposited in Banco Filipino. "Pero karaniwang tao lang ito kaya malaki ito para sa kanya (But it is a huge amount for an ordinary person like him)," GMA News Online quoted him as saying.

The police are also looking into foul play as the cause of Mangubat’s death despite initial findings showing it was a suicide case, Sapitula told radio dzBB.

Last month, the BSP closed Banco Filipino, saying its liabilities topped its assets by P8.4 billion, which the latter denied, according to GMA News Online.

For more on this story, log on to GMA News Online and ABS-CBN News.

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