R E S O L U T I O N
(Re Application by Petitioners of a TRO)
I. THE FACTS
Philippine Savings Bank (PS Bank) and its President, Pascual M. Garcia
III, filed before the Supreme Court an original civil action for certiorari and prohibition with application
for temporary restraining order and/or writ of preliminary injunction. The TRO
was sought to stop the Senate, sitting as impeachment court, from further implementing
the Subpoena Ad
Testificandum et Duces Tecum, dated February 6, 2012, that it issued
against the Branch Manager of PS Bank, Katipunan Branch. The subpoena assailed
by petitioners covers the foreign currency denominated accounts allegedly owned
by the impeached Chief Justice Renato Corona of the Philippine Supreme Court.