Section 32
SEC. 32. The same Act is further amended by adding the following section immediately after Section eighty-seven thereof, which reads as follows: "SEC. 87-A. A fine of not more than two thousand pesos or imprisonment for not more than one year, or both, in the discretion of the court, shall be imposed upon: "1. Any officer, employee, or agent of any banking institution who shall — "(a) Make false entries in any bank report or statement thereby affecting the financial interest of, or causing damage to, the bank or any person; or "(b) Without order of a court of competent jurisdiction, disclose to any unauthorized person any information relative to the funds or properties in the custody of the bank belonging to private individuals, corporations, or any other entity: Provided, That with respect to bank deposits, the provisions of Republic Act numbered 1405 shall prevail; or "(c) Accept gifts, fees or commission or any other form of remuneration in connection with the approval of a loan from said bank; or "(d) Overvalue or aid in overvaluing any security for the purpose of influencing in any away the actions of the bank on any bank; or "2. Any borrower or a banking institution who shall — "(a) Fraudulently overvalue property offered as security for a loan from the bank; or "(b) Furnish false, or make willful mispresentation of, material facts for the purpose of obtaining, renewing, or increasing a loan or extending the period thereof; or "(c) Attempt to defraud the said bank in the event of a court action to recover a loan; or "(d) Offer any officer, employee or agent of a bank any gift, fee, commission, or any other form of compensation in order- to influence such bank personnel into approving a loan application; or "3. Any examiner, officer, or employee of the Central Bank of the Philippines or of any department, bureau; office, branch or agency of the Government who is assigned to examine, supervise, assist or render technical assistance to any banking institution and who shall commit any of the acts enumerated in paragraph one of this section or aid in the commission of the same."