Philstar
8 get life for kidnap of bank exec
A Quezon City court has convicted eight individuals to life imprisonment for the 2008 kidnapping of Philippine National Bank (PNB) executive Ramon Murillo.
The eight convicted individuals are Florentino Amolo, Arnold Aquino, Reggie Reyes, Edgardo Hernandez, Melchor Herrera, Nino Carangan, Reynante Alcazar, and Jocelyn Ferolino.
They conspired to kidnap Murillo on June 3, 2008, in Quezon City.
The court ordered the eight convicted individuals to pay Murillo P450,000 each in damages.
The ninth accused, Alven Lacandazo, pleaded guilty as an accomplice and was sentenced to up to 20 years in prison.
Murillo was held captive for three days after the kidnappers demanded and received P1 million ransom, down from an initial demand of P15 million.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
