[lbo-talk] Citibank's Indonesia problem - embezzlement and murder

Ferenc Molnar ferenc_molnar at hotmail.com
Thu Apr 7 15:21:29 PDT 2011

Tip to the Banksters: avoid murdering local politicians.


"FOR a week now, Jakarta's rich and connected have been appalled by twin scandals at Citibank’s Indonesia operations. A relationship manager at the bank’s wealth management division appears to have stolen Rp. 17 billion ($2m) from clients. In what must be a terrible coincidence, Citibank debt collectors also seem to have killed a customer—a local politician, it turns out—who disputed his credit card bill."


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