Almeda vs. Villaluz F: The accused was charged with qulified theft of a motorcycle.

He filed a petit ion to post a surety bond for his provisional release. The respondent judge deni ed the petition and rendered a decision that he will only grant a bail bond if i t will be in cash. The amount is P15,000.00. I: Did the judge gravely abused his discretion? D: Yes. The purpose of bail bond is to secure the apperance of the accused durin g the hearing or whenever his presence is required by the court. Bailbond is nei ther penalty nor revenue for the government. A bailbond generally presupposes a surety to whom the body of the accused can be delivered. It is only becuase it i s provided in our law that bailbond in the form of cash is accepted by our court s, otherwise, it is unacceptable.